Purchase price: $585,000 House hacking my first SFH - airbnbing the basement that has a separate entrance and my partner pays me for rent How did you finance this deal?

I assume you want to borrow private money to flip houses and not lend on them (?).

@Omar Maresstart with a house hackif you don't have enough money to house hack, save up enough money until you dohappy to answer any questions you have here in the forumsgood luck

Shocking how little regard people have for a brand new house that doesn't belong to them.

I listen to the podcast every day and I have read all of the BiggerPockets and I also bought a duplex that I am house hacking as my first house (it’s not a very good deal because I realized after that I bought with emotion mostly) but I was just like some advice on how to start my foundation so that I can start my farm area and start to analyzing

So it all depends on your leverage position.We have still been able to find cash flow on LTRs here in the Denver metro and surrounding areas, however, it usually involves a big value add, or buying a very poorly operated 5+ multifamily property where you aren't competing with homeowners or house hackers.

ANYONE Experiencing THIS SAME situation -We may see MORE of these moving forward in the Inflactin dirven Bidenomics Paycheck to Paycheck Economy This property is CA - Estimated ARV $525K to $550K +/- 1st lien was modified several times (TWICE) to TRY to keep the Debtors in their house.

I’m remodeling a house for rental and I’m debating if replace all carpet for hardwood floor, even on rooms and closets.

If we were to finance the cash house and then use it as the down for the other house we would then have a mortgage on 2.  

I understand that 300k of the 400k will be paying the existing mortgage.