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Updated over 7 years ago on . Most recent reply

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LOUIS LEATHERS
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NEGATIVE CASH FLOW AND HOUSE HACKING

LOUIS LEATHERS
Posted

HOUSING CRASH!! PANIC! ..So i'm about to close on a 4 unit. its a house hack, but cash flows negative. however the rents are below market and will be raised, and i plan on refeing in a year or two with my va loan to drop my pmi, but with news of a market crash, and economic collapse, and rates expected to hit 6% i kinda want to cancel the deal. What are your thoughts and How has talks of a crash and high home prices affected your investment strategies? 

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