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Updated over 3 years ago on . Most recent reply

Dalton N Green's profile image
Dalton N Green's profile image
Dalton N Green
  • Member since May 3, 2021

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Dalton N Green's profile image
Dalton N Green's profile image
Dalton N Green
  • Member since May 3, 2021
Dalton N Green
11
Votes |
35
Posts
Goals, Business Plans & Entities

how to buy a 2nd house hack

Dalton N Green
Posted

Good evening everyone. I have done my first hosue hack in houston TX and I am wondering whats the best way to do another one? Like loans, partners, etc.

Houston, Texas
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Ryan Thomson's profile image
Ryan Thomson's profile image
Ryan Thomson
  • #1 House Hacking Contributor
  • Real Estate Agent
  • from Colorado Springs, CO
  • Member since Jul 21, 2018

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1,498
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Ryan Thomson's profile image
Ryan Thomson's profile image
Ryan Thomson
  • #1 House Hacking Contributor
  • Real Estate Agent
  • from Colorado Springs, CO
  • Member since Jul 21, 2018
Ryan Thomson
#1 House Hacking Contributor
  • Real Estate Agent
  • Colorado Springs, CO
1,346
Votes |
1,498
Posts
Ryan Thomson
#1 House Hacking Contributor
  • Real Estate Agent
  • Colorado Springs, CO
Replied

Hey @Dalton N Green! I actually grew up in Houston. I have house hacked in Colorado Springs and scaled to three in 2.5 years. I declare all of my rental income on my taxes and this allows me to essentially zero out my mortgage debt on my Debt to Income calculation. Then I use that rental income and my income from my job to qualify for the next house. Rinse and Repeat. 

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House Hack Colorado Springs
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