Of course that would change if there was a screaming deal where the numbers absolutely positively worked.My first house had a loan at 18% so the Int Rate alone is not a deal killer, but you gotta be careful because it will suck up your profits real fast.Can you sell the duplex and free up $150k cash?

Purchase price: $134,000 Cash invested: $44,280 This was a perfect house hack with buying a home as a primary residence using a 10% down conventional loan and renovating while living in it for about a year.

I don't want to get into a loan paying double digit interest.

Purchase price: $134,000 Cash invested: $44,280 This was a perfect house hack with buying a home as a primary residence using a 10% down conventional loan and renovating while living in it for about a year.

We got a bank loan.

Hey Faiz, It will depend on the type of loan you do.

If so, now I'm seeing lenders willing to do DSCR loans of 75% LTV, so then would I switch to say 75% Rule for analysis?

When you say Broker are you referring to the real estate agent or a loan broker?

My client just closed on a 4 plex with his VA loan 3/6/23.

I have a home owner requesting $94-139k HEI loan, structured to pay the loan when the house is sold, in 10 yrs.