I am currently house hacking. I live with two friends that pay for most of my house payments. I have a decent amount of equity in the house but I am paying PMI. Should I refinance to lower my payments and eliminate th...
Hey BP members!As I prepare for my first house hack I'm coming up with new questions regarding how to make the process more efficient. I plan on renting out the bedrooms in a 4/2.5 SFH.1) Would it be a good idea for m...
Hey Everyone! I was thinking the other day how much I really wish I would have house hacked before my wife and I built our house. Now that our house is complete we don't want to leave it anytime soon... We had one of ...
We are trying to help our niece get her first house. Looking at some townhouses as well as some light fixers. We will be providing the down payment. She will need to house hack to make it work. Curious what I am not...
My plan for my first investment property is to house-hack a duplex. However, it will be my boyfriend and I as well as our two dogs who live in the one unit and then we obviously plan on renting out the second unit. Fo...
I am looking to renovate a bathroom as a part of my BRRR strategy. I would like to lay porcelain floor tile, but when I took out the old linoleum flooring I found hardwood floors underneath. I know it's not recommende...
Hello BP
I will be closing on a 3 family house that I am going to house hack. The property appraised for 10k more then the asking price.
What can I do with this 10k? As I would like to purchase another property
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Hello BiggerPockets community!This may be a very simple question but I was wondering if anyone here knew what sort of documents do I need to prove that I lived in the property for the 2 out of 5 years owned in order t...
Hello,I'm gearing towards making my first deal for buy and hold and I have come up with two different approaches to make this happen in my market, Los Angeles area.Scenario 1) Buying a fourplex with a 203k Loan lockin...
Hi everyone!I have a question about house hacking.Let's say I bought my first Duplex with FHA and I'm going to live in the unit for 1 year.What's the procedure to buy a second one and repeat the process?Do I have to r...