Hey Josh, There is no difference tax-wise for the seller when their mortgage is assumed.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

Hello, I am a new investor and I am looking to use a hard money loan to purchase my first rehab property.

If I were in your position, I would keep things as simple as possible and focus on building equity to save money for my next property.

Given these circumstances, do you think house hacking in San Diego is still a wise investment for me?

There are some areas that will never cash flow, rather where you will get a return on your money is through appreciation when you sell.

I'm thinking of using that same money to potentially buy a rental property that could yield more and appreciate in value over the years.

I've been looking for hard money lenders and agents to work with, so if you have recommendations to look into, let me know. 

Helps me save money on my own housing and learn a ton about the business without burning through my cash on the first deal.

Funny thing is that the agent saw how much I liked it and tried to buy it herself but then last minute her money fell through so she came back to me and I had 2 weeks to buy it before probate got involved.