If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

Also posted in Getting Started Forum, but figured multifamily category may also generate some responses...so posting here as well. Thanks in advance for sharing your expertise!I’m currently evaluating whether to go wi...

Thanks very much for your time and information.

Hi Tonya, thank you for informing us about such scams! 

Here is an article with more information on what a house hack is -www.rocketmortgage.com/learn/house-hacking.

BP is the right place to start to get both information and connections. 

Find Brandon Turner anywhere on the internet for information on it.  

The information contained in this post is not to be relied upon.

Just a heads up, we don't post our prices publicly because we raise them frequently given our growth, and don't want potential members to get outdated pricing information. 

Apply for a dimensional variance on the vacant lot to allow a smaller lot and/or setback so it can be built upon.Your best first steps are to sketch a plan, possibly with an engineer's help, then contact the zoning department to discuss your idea with them to get informal feedback on your liklihood of success before you spend a lot of money.