The July 2024 report from the Austin Board of REALTORS® (ABoR) shows housing prices in Austin and the greater metro have been stable over the past 12 months.

What do you think this house rents for?

I’ve recently formed an LLC with a partner to flip houses.

Each property/owner situation and unique but there are 2 general thoughts. 

House Hack all day long dude!

I house hacked a property that has 9.4 acres, and has a duplex and single family home on the property.

They accepted & I partnered with my broker owner at the time who was/is a very seasoned investor doing all kinds of fix & flips.

I still do have a mortgage on that house, so planning on getting those monthly payments to pay existing mortgage.

The house itself is livable.

You can get the rest of their entitlement by multiplying it by 4$100,250 * 4 = $401,000They can buy a house up to $401K and still use 100% of VA entitlementsBonus: If they want to buy a more expensive home, they have to put 25% down on the difference of the home and the entitlementExample: Seller wants to buy a $601,000 house$601,000 - $401,000 = $200,000 (difference)Down payment = $200,000 * 25% = $50K% down on home = $50K/ $600K = 8.3% down payment