And only after you spend time, money and effort, finding "people" will you ask them "hey sell me your house".Now, how many people do you need to ask this question before you not only get a "yes"...

Like you said, a real estate attorney would be a valuable person to talk to, but here's what I have: Considerations: short/long-term rentals, co-ownershipTo keep your favorable mortgage rate, you can consider a Joint Tenancy or Tenancy in Common agreement without refinancing.

@Ramiro De Leon Congrats on taking the first step of saving up money and preparing yourself for your first purchase!

My husband and I are looking to do our first flip and I'm starting to search around for some hard money lenders in the area.

Hi Alya, I've personally done a lot of STR and MTR for my clients so I have a lot of experience with this.

I understand if this person is renting the whole apartment unit, but how does the ESA works out in shared housing?

In the long run you will save a lot of money while at the same time earning way more money.

Hi Jared,For my furnished properties, I personally use Airbnb (and set to 30+ days for minimum rental period) and Zillow.

My company allows me to place more than one property together on one policy which saves me a lot of money.

You may be able to do a flip with a hard money lender since you have 30k cash ready to go.