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Updated about 3 years ago on . Most recent reply

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27
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Dalton N Green
8
Votes |
27
Posts

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.

Most Popular Reply

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1,473
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Ryan Thomson
#1 House Hacking Contributor
  • Real Estate Agent
  • Colorado Springs, CO
1,344
Votes |
1,473
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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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