You can use this remaining amount, either on its own or in combination with a down payment, to take out another home loan in the future.

The insurances will be a combined $2,000/year and taxes will be about $1,400/year.  

My wife and I found another couple who wants to combine all our our finances together and purchase a duplex.

You can also bring in a partner that can help your combined credit profile

Market rent for both units combined is around $4200.

@Melody RobinsonWhat you are saying is absolutely possible and a way to leverage your LLCs; by acquiring lines of credit in the LLCs and using those funds for purchase, repairs, gap funding in combination with hard or private money, advertising expenses, or any other business related expense.

As in, you are not going to list them or wholesale them (if you promise you are buying them).Then of course no matter what you do you make sure your SEO is on point.

This, combined with the fact that no conventional, institutional, or hard money lenders will lend down payments, makes a purchase under your circumstances extremely difficult, with very limited options.The options available may be so costly that you may be better off trying to “wholesale” the property.

But $500k in debt did initially lead to $360k combined salary--we just didn't realize how miserable we would be in those corporate jobs.

I am looking to do a house hack with a 4 Bed 1.5 Bath and a 1 bed 1 bath that are on the same parcel listed for $130,000.I’m looking to get a combined rent of 1200 while I live In the larger house with friends and around 1400 once I move out.Think I could get a loan for around $800 a month or less?