All Forum Posts by: Brian Ricard

Thanks for the response @John Walter! Ya So divorced and we bought the house with a finished walkout basement for my father in law to live in! Now it’s kinda a lot of house for just me and when I have my kids. But family is never gonna get any smaller so a 5 br is nice for that. There is a duplex that’s actually not far from my current house and close to my ex wife and my kids wouldn’t even change schools because we both still live in the district. The issue is that it is a new build and would have to come down a ton for it to cash flow. This was why if it were to come down enough to house hack I don’t think it would be to bad of a deal. Thanks again 

I wish I would have learned more about REI before I bought my current which is a 5br 3ba. I would have house hacked out the gate if I could go back in time. So here is my dilemma, I am a veteran so with a few moves I could possibly use a VA loan to purchase duplex and house hack. I have about 80k in equity in my current home. Do I refi my current house and rent it out while house hacking in the duplex or sell the house and put some money down and use some to start working on the next property? My main concern is finding tenants for my 5br 3ba with it being my first rental and if it is harder to rent a larger SFH. Any advice would be awesome I am super excited because this is also my first post on BP.