I also house hack my primary and the income is more than the PITI!

My friend tried to comply but the age of the property makes it impossible to get the property up to code other than demolishing and rebuilding the whole property.

Credit Union #1: This has the longest maturity, so there's an element of "fire and forget" here too.

Settled at $247,900, 3% closing cost credits, and the seller also put in about $3,000 for repairs.

You can hypothecate collateral from one person/entity for use by another person/entity, but you might want to borrow the money as a home equity loan (fixed payments and term...one time funding) or a home equity line of credit (HELOC).

Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Kendall Garrison, CEO of Amplify Credit Union, recently said, “The good news is that we are moving toward a more sustainable level of inventory, which will provide price stability for sellers and more choices for buyers.

Hello in 2021 my partner and I bought an apartment in FL.The main purpose of the apartment was to invest our money to have it saved for our son to go to college.We have been renting this apartment to a family member who has been paying less than what we pay for mortgage and HOA,so we have been taking money out of pocket to cover expenses and so on.I decided that even thou the purpose of buying it was for college,I’ve had enough taking money out of my pocket to pay the HOA and expenses.My question is if I should sell this apartment or if it would be worthy in the long run to keep it and meanwhile just keep paying the HOA and expenses.Renting it to another person is not an option.

It's my woman, 9 month and me in the house so there's no option to house hack right now.I had the perfect opportunity to have a solid start in real estate but at the time I wasn't thinking this would be something I want to get into.

If there is no cost savings don t use containers.Investigate use of ICFs for a build as you can build from foundation to rafters on a DIY basis in less than one week.

You can buy a primary with just 5% down, so it's much easier to get into a new primary than it is to buy a new investment.