This would be our second duplex house hack, and while it's been a great investment, the neighbor our current duplex is located in is not the worst, but not the greatest either, especially when it comes to school district.

What made you interested in investing in this type of deal?

You are playing with fire with this strategy to start, but then when you count in an inexperienced rehab to rent a year later, I would earmark this for disaster.

I ask because a lot of new investors are getting lured into the thought of them because you get paid by the government this alleged "guaranteed rent", but that's not really how it all works.The Section 8 website for your area or the larger one should have metrics per square foot for the area.

My name is Vishal Bendre, and I'm excited to be part of this amazing network of real estate professionals, investors, and enthusiasts!

They operate like a credit card - when you are not using the money you don’t accumulate interest, when you are using the money you accumulate interest and need to make monthly payments.

Different platforms use varying data sources, algorithms, and criteria for comps, so discrepancies are common.

My limit is set to $500, and I never was sent a request for this repair.

Are you thinking this new cycle of higher rates is at its peak and we are going to head back to the 3%-4% range?

Another approach could be to use LPMI, which rolls PMI into a slightly higher interest rate, potentially saving you monthly PMI payments.