The ONLY two ways this happens is either the current mortgage subordinates to a new first lien or you sell a large percentage ownership to an equity partner.  

Nice to "meet you" Eric, my name is Jon, i'm an agent and new to the community as well.

A- The thought is He SELLS his $1,425,000 WRAP AROUND Note at a DISCOUNT to an INVESTOR who agrees to fund around $900,000 In Cash. 

I constantly hear people online (Social media) talking about getting an FHA loan and house hacking a 1-4 Unit property.

Even the cheap "cashflow" areas right now don't cashflow after real cap/ex costs, maybe on an excel sheet they do.

The exception is if it's an emergency and then we can enter anytime. 

I received an application on Avail which runs an eviction report on TransUnion.

I am finding, for this summer at least, that the weeds grow at an alarming pace.

What are the typical terms when putting an LOI in your market?

The image attached is an example calculation I did and I had to push the appreciation to 25% to be able to pull a good amount for the next down payment.With these calculations, it made me realize that I might have to find alternative ways to go from house hack one to house hack two.