Do you think it's wise to hypothetically save up a large down payment while also waiting for interest rates to decrease in order to make the move into a house-hack?

Increased the rents, decreased expenses.

Relying solely on a few months reserves seems very inadequate to me.

We were asking our mortgage broker if interest rates ever decrease for these loans.

Overall, if you think rates will decrease at some point over the next 5 years that would lean you towards buying this deal knowing that you can either refinance at a lower rate during the time period or sell at a lower cap rate.

And hope to do in Hawaii but every week that goes by, the chances are decreasing.

@Khalid LewisThe goal of house hacking is really to decrease your monthly costs of ownership.

Depending on the area though, you can see YoY rent decrease, which seems to be a bit concerning.

@Nathan McnabbWhat would happen if the homes values decreases or needs major repairs and you cannot pay your parents back the $40kTo me seems like you are over leveraging yourself.

I wouldn't necessarily say that this shift is here to stay, but we definitely have to make some changes to our acquisition process to accommodate creative deals and novations.This shift is due to the saturation of the major markets, resulting in newcomers in the business offering too much for properties and not delivering on those promises, realtors promising too much for listings only to have them heavily decreased or canceled six months later, and the small increase in supply that we have experienced since the beginning of the year.But yes!