Building a duplex or triplex for house hacking could be a solid investment strategy, especially considering the potential rental income and your ability to live in one of the units.

*My future wife is supportive and would be including her income to DTI calculations as well as potential savings.

However, specific regulations may apply, and it's advisable to consult with a legal expert or housing authority to ensure compliance and handle the situation appropriately.

The more equity you have when you are ready to retire, the more cashflow it will turn into.So you can optimize for two things: higher priced properties with a bigger potential to appreciate (find the sweet spot, don't go too high) and harness more tenants with higher income to pay higher rents (= higher monthly paydown).When you start thinking this way, you quickly realize that today's cashflow is not that important as long term equity.

Multifamily real estate investments, such as duplexes, triplexes, or fourplexes, have the potential to increase total cash flow as they may produce several sources of rental revenue from a single asset.

However, it would provide us with the necessary funds for the repairs and potentially a down payment on another property.

Commonly, these proceeds are used for further real estate investment or costs related to the borrower’s real estate business and strictly can‘t be used for personal uses, such as paying off personal credit cards or any nonbusiness expense.DSCR loans are “primarily based on the property,” meaning that the lender evaluates and qualifies the deal mostly but not completely based on the property’s investment potential.

Ideally, it's best to have reserves before acquiring a property as it shows financial responsibility to potential lenders.

Selling a house in a trust, whether revocable or irrevocable, does involve potential capital gains tax considerations, just like any other real estate transaction.

It's been steadily going up however, so I'm either looking for lenders who would do a HELOC once my credit score reaches the required number OR I'm also seeking private lender who would be willing to lend with a second position lien on the property for the renovation amount ($35k-$40k)I was working with a private lender but he proved to be unprofessional and not able to prepare the proper, legal documents.