🏡 Co-Living + House Hacking = Maximum Cash Flow & Financial FreedomHey BP Community,If you’ve been house hacking or thinking about it, pairing it with a co-living strategy can seriously amplify your returns.

A HELOC can help you get the cash as well.

Bought for 104k cash, rehabbed and did a cash-out refi.

If you paid all cash, you paid full price for the property, and the cash flow, any amount of cash flow, is only playing catchup. 

There is virtually no reason to keep “cash” on hand for repairs. 

Purchase price: $230,000 Cash invested: $62,000Duplex purchased in 2020.

@Justin Sherman your best bet for cash flow is to go with a STR in the upper part of your house hack.

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

Those make sense and cash flow well.