I looked into DSCR and spoke to a few lenders, but it seems I need to have 2 years of rental property ownership before I can utilize; I'm only approaching my 1st year of renting by the room, so I assume I'd need to wait another year before I can look into DSCR.

Lets say that i have a total of $100K in total losses that have been carrying from prior years from all of my rental properties combined.

I'm new to the investing world and am looking to utilize some home equity to make a purchase by end of year.

On A first house hack, owner occupied, do you have to change the address on your driver licence living there for a year?

If I live in the property for a year, can I use the same program to purchase and occupy another multi or, can you only have one of these types of mortgages open at a time?

@Joe Mathew We've been active i Kansas City for 10 years.

I am 33 years old and know that the money will be worth a lot more in tax free accounts in retirement.I have w-2 income1099 income (building side business for self directed roth 401k)I currently own no IRAs only a roth account.

Investors are seeing consistent bookings throughout the year, making it easier to predict cash flow and maximize returns.Lower Acquisition Costs: Despite the rising demand, Indianapolis still offers relatively low acquisition costs compared to other major cities.

That, a few podcasts, a few select books, and a couple of subscriptions choke full of info material (less than 100$/month), maybe a couple mentorship programs (for less than 2K/year), and a lot of action on your part and you'll be a lot better than paying $$K for "gurus".To rephrase, do you have more money than you know what to do with or an urgent need to get it to work for you, together with a lot of time on your hands ready to take massive action?

(Maybe a little exaggeration).A few years earlier in 2012 I had filed for bankruptcy and was just now eligible to buy a house.