I was able to scale to 4 properties on an entry level income because i was purchasing properties in Sudbury which provided me a high rent relative to the purchase price & mortgage amount.

Primary homes have a little different decision to them that a straight investment property.The other thing I would keep in mind here is that house hacking REDUCES my cost of home ownership.

An uncomfortable conversation with my realtor ensued and then we worked a plan with the seller (who claimed to not know this fact either) to reduce the purchase price by $4k. 

I think is a stretch and it really depends on who they are bonding for one off individual Not so much.. big builder developer who is bringing them hundreds of thousands in title insurance and escrow income a year.. ( like I do on my projects) thats a whole nother kettle of fish.

For a triplex built in the early 1900's (I'm assuming if it's in the city) in a lower income neighborhood, you should likely be at least $250 for both maintenance and capex per month.

I had just received a 30k down payment from another owner financed deal and I wanted to get a “second home” and get some additional rental income.

I set up my entities mid 2023 -a holding company in WY and an operating LLC in NJ and have only had start up expenses so far and no income.

I lived in the attic instead of using the “livable” space so I could use rental income to pay for the mortgage.

. # things to look at when applying for a mortgage are credit, assets and income.

It won’t affect your debt-to-income ratio and won’t affect credit score/history.