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11 December 2024 | 11 replies
My wife and I house-hacked our first place in ALX renting out the basement on Airbnb as a monthly rental.We're now on our second property doing the same thing.It's short notice, but if you wanna attend today's NOVA REI meetup, it's the last one of 2024 and we're meeting at Tyson's mall on the 3rd floor.
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8 December 2024 | 9 replies
Quote from @Thomas Haessig: I have two accepted offers to buy and house hack.
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8 December 2024 | 11 replies
Over the summer I used a VA loan to purchase a 3br/1b per unit duplex that I'm currently house-hacking, doing a live-in remodel on the second floor with the first floor totally updated and occupied with college students.
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11 December 2024 | 6 replies
On the house hack, you can divide common expenses by square footage or bedrooms, whichever is more advantageous.
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8 December 2024 | 7 replies
I just had a bank tell me that per new Fannie guidelines, the minimum down payment on a 3-4 unit is 20-25%, even if it is bought as a primary residence. Personally, I think they are wrong. I think they are just an ext...
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12 December 2024 | 6 replies
House hacking by living in one unit and renting out the others is a smart strategy to build wealth.
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7 December 2024 | 18 replies
I quit my job 2022, live off rental income and we house hack a large 3 level house with rents totally covering mortgage.She has excellent credit and six figure yearly income.
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9 December 2024 | 8 replies
Quote from @Matthew Samson: We plan to turn our current house hack into a long term rental.
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6 December 2024 | 13 replies
If they weren't letting you live there and rented that house you could do a house hack or look for a duplex in Philly and go back to the beach house in the off season and rent your house hack as a MTR.
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7 December 2024 | 33 replies
@Elisha Johnstoni'd house hack where you live first.and if you're serious about investing in Ohio, make trips to Ohio.do not buy a random property solely because of its low purchase price. that will set you back.good luck.