@Daniel Brown Client bought a property with the intention of bumping it up and out based on his contractor's figures.

Also seems like a smart idea to meet with some professionals in this field early next year (closer to the time of getting things going) and get some specific advice based on the complete picture.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hi, I was wondering what are ideal numbers for a house hack.

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild with the same kind and quality excluding the foundation)2.

Below are a few scenarios we are exploring based on owning our current residence free and clear.

@Paras Gupta if you can't use the equity in one of your rentals to finance the new acquisition, or find a partner, another option is an asset based lender like Lending One, Lima One or several others.

All have different guidelines surrounding what you must use for qualifying payments.With deferred loans, however, it's pretty consistent that you must use 1% of the balance as the qualifying monthly payment.One work-around is to go on an income based payment plan. 

Ive secured a MasterCard solely based on my corporate credit reports without a personal guarantee that I use for my current credit management business. 

The first issue was the property tax based on value was going up faster than our rent. 

Based in Los Angeles but looking to possibly invest in Seattle and surrounding area since my wife and I have family up there and may make the move years down the road.