I purchased my second property in 2023, it was a fixer, so after renovation and refi, PMI was removed:because of interest rates and the market, does not cash flow but the rents cover most of the mortgage and it’s been a solid equity play.

I am uncertain about the mortgage part because I have grate interest rates being under my personal name.

Long story short, I went from 7 residential rentals to acquiring 4 commercial assets for my fund within the past 14 months since joining his group.Conclusion/Advice1) It really depends on the goals you have and identifying what you feel like is holding you back from your dream outcome.

I believe house hacking is great to start as you can purchase a property as your primary residence (little to no money down) and get the best possible interest rate by doing this too...so for those reasons, it's 'best' if cash to enter the market is low.

As I continue to grow my portfolio I’d like to continue with the because their interest rates have been the best I’ve seen and they keep their loans in house.

It would depend on laws in your municipality, but if you are going to allow pets in your unit, here are a few thoughts: are you going to have a size/weight restriction, and possibly a restriction on breed type? 

If you don't, your water rates will go up because now it is considered multifamily. 

Thanks RalfRalf -I'm afraid you haven't given enough information here for me to completely and professionally answer your question.It depends on how the "company" is set up.If it's a sole proprietorship, then you would be technically lending funds to yourself.

All while, the interest rates are still high.How do you work with this or workaround this matter?

@Russell Taylor I guess it depends on your current tax bracket with your incomes.