As property values appreciate and rental income increases over time, you'll continue to build equity and wealth.Overall, renovating and renting out a basement as part of a house hacking strategy can be a smart way to leverage your home to build wealth and achieve financial freedom.

I am trying to get interest only loan to scale my portfolio and increase my cash flow.

If the downpayment + closing cost is free, and you are doing a triple net lease to keep any repairs on the tenant in the next ten years, it may be worth the trouble.

🫣✨Seems like this could be worth pursuing but so far, I've run into a few snags.

Additionally, there may be limitations on rent increases and lease terms when renting to CMHA tenants.Ultimately, the decision to rent to CMHA tenants depends on your individual preferences, risk tolerance, and investment goals.

This is something I've observed and has become increasingly common practice with a laundry list of educators out there teaching others how to be GP's.

I would then payoff the Business Credit Cards and when possible, request an increase in credit. 

Property value estimated to increase to 120-130k

If they can get it re-zoned mixed use or better yet, commercial, then it is worth $6 million.

Looking to build a network of connection not only to increase my net worth but to add value to this community as well.