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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Dilman R.'s profile image
Dilman R.'s profile image
Dilman R.
  • Property Manager
  • from Fairfield County, CT
  • Member since Apr 8, 2019
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Dilman R.'s profile image
Dilman R.'s profile image
Dilman R.
  • Property Manager
  • from Fairfield County, CT
  • Member since Apr 8, 2019
Connect
Dilman R.
  • Property Manager
  • Fairfield County, CT
6
Votes |
27
Posts
Private Lending & Conventional Mortgage Advice

House Hack or Help With My Parents Mortgage?

Dilman R.
  • Property Manager
  • Fairfield County, CT
Posted Sep 16 2019, 18:02

I want to start my real estate investing career by house hacking. However, I have to choose between that or helping my parents refinance their home (which I live in). Depending on only one source of income from my parents has been rough, especially with $600K left on a mortgage. Should I help my dad refinance the house? Keep in mind, I've been also paying down student loans.

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