Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

The beauty with the seller paid is that the money goes into an escrow account and if you refi or sell during the buy down period, the left over funds go towards the principle, so it’s not lost like if you were to buy down the rate with points and then sold/refi in the next few years.Hope that makes sense but let me know if there’s any other considerations or something I misunderstood and we can continue brainstorming!

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

Each approach caters to different objectives and requires different resources.

Check out the link above, but the main principle of house hacking is as follows:House hacking refers to ways to generate income from your home.

You’ll buy all of this fluff all these shiny objects even though his is a value, however, he knows that  most will not take action steps to actually execute what is being taught.

Depending on how far along this loan is in the amortization, there could be additional benefit in keeping the original mortgage in place because more of the PI payment is going to principle, opposed to if you were to take a new loan, where a majority of the PI payment will be going towards interest.As far as the negotiation goes, my method is to simply do run a few scenarios, making sure to add in whatever ROR or whatever metric you want to have as your investment criteria.

If she's still there in a few months bump her rent up for your trouble.Renovating an occupied unit is a disservice to your investment objectives.

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

Thanks,Tom What are your objectives?