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29 January 2020 | 18 replies
I'm planning my search in the Fort Lauderdale market to start though as I would like to house-hack and learn the business before looking elsewhere.
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21 January 2020 | 6 replies
Hello everyone I’m back again with more questions and a little bit of an updated plan as I’ve been doing some research just want some feedback and possibly some motivation stories appreciate it ahead of time.I’m 21 working like a mad man at my day job picking up as much overtime as possible and listening to podcasts all day while I’m there learning on the clock as well off the clock I make decent money (not enough to raise a family on) so my plan is to use the BRRR method & house hack a duplex - quad and buy and hold long term and eventually go commercial with big apartments so I can have all units in the same place i don’t have a team at the moment nor have I contacted anyone as I don’t have a need for them yet I’m still in my accumulation phase (knowledge and capitol) My questions areIs there an equivalent to a 203k loan that’s conventional I don’t want to have to deal with mortgage insurance forever?
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15 January 2020 | 2 replies
@Khari Lewis If you're up for the challenge, yes you can complete investments multiple times with an FHA loan (although you can only have 1 FHA at a time).I started by house hacking a very run down place.
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15 January 2020 | 1 reply
What else should I also be calculating in before I begin house hacking.
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15 January 2020 | 1 reply
Let's say that you house hack with a 3.5% FHA loan, but you don't stay in the house that often (once/week?)
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15 January 2020 | 2 replies
I recommend an audible audio book, “The house hacking strategy.”
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15 January 2020 | 1 reply
Most new LOs burn out and quit within a year or two, half stress out and can't hack it, the other half don't produce an can't hack it for that reason.
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15 January 2020 | 0 replies
What do you guys think about this house hacking deal.
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17 January 2020 | 3 replies
Don't rule out doing a house hack as you described but with a small multifamily instead.
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15 January 2020 | 1 reply
Any advice for a beginner? Open to all valid knowledge and information!