The builder suggested a local bank that they use and would like to see them succeed and referred me to the commercial lending department.

For reference all our properties are 6+ guests.

@Donato Callahan thanks for the reference...

Hopefully your lease has provisions that explain the process for adding a house mate/ how long guests can stay/ repurcussions for breaking the lease and I would reference those in your note.

It requires some work—you’ll be a landlord after all—but the financial rewards can be significant.If you’re willing to live near your tenants, take on property management tasks, and want to grow your investment portfolio, this strategy could be a game-changer for your financial future.Final ThoughtsHouse hacking with a multifamily property is more than just a way to save on housing costs—it’s a proven method to accelerate your real estate investing journey.

hi @Alvin TaverasMortgage Broker here, i've been referring clients out to Credit Unions for their HELOCs. we have a handful of lenders that can do them, but i'm finding the juice is not worth the squeeze in the broker/ wholesale world.

In many cases, it takes a few years to really start seeing any appreciable cash flow, but it is the relationships we make, the learning and overcoming challenges and obstacles every day that is the true rewards in this business.

Check this out for reference: https://tranio.com/articles/real_estate_agents_commissions_i... also in a lot of these countries agents are not full service and attorneys (or "solicitors", "barristers" etc. varying names in different places) handle the contracting/paperwork which agents handle here, so those folks also need to be paid.

They understand that there's value in what they provide, which is steady, documented income, minimal turnover, steady payment, quality references, no drama, and peace of mind.

It is all about the thrill of the chase, the analysis, the risk v reward...