@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario

So far this is what I know- they list on all online platforms for free- they take photos for free- they have a 24/7 call number for guests/bookings- they will contact the cleaning business of my choice or suggest a partner in the area.

It is important also to talk about these things online so others do not get burned.

A regular mortgage for purchase then a creative loan for the reno?

But Generally, most lenders will want to see that the lease or market rent can support the mortgage payment, the borrower does not intent to live in the property, the borrower has 20% down + closing costs, 6 months reserves, and credit is above 620. 

The most obvious is that you will be able to offset your mortgage with renting out a few rooms.

I'm excited to connect with real estate professionals in the area and online and dedicate my time to learning and engaging in this profession! 

The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.

Sure there’s the hope of appreciation, but that’s not guaranteed and I like to know that my mortgage balance is shrinking even if it’s very slow.

Explore your financing options, such as traditional mortgages, hard money loans, or private lenders.