All Forum Posts by: Kate Sanchez

@Katie Accashian  Tough market for STRs right now. Maybe a long-term rental backup plan could de-risk your investment. Have you modeled both scenarios financially, just in case?

@Enoch Wolsey Great job, house hacking! Consider reinvesting in cash flow properties before buying a primary. Have you looked into a home with an ADU to balance comfort and cash flow?

@Joe S. Military tenants offer stability, but under SCRA, they can break the lease if deployed. Have you considered a shorter lease with renewal options?

@Rimane Tientega 

House hacking is when you buy a multi-unit property (like a duplex, triplex, or fourplex), live in one unit, and rent out the others. The rent from the other units helps pay your mortgage, sometimes even covering it entirely.

The FHA loan is great for first-time buyers because it lets you put down just 3.5%. The cool part? FHA allows you to buy a 2 - 4 unit property as long as you live in one unit. That's how house hacking ties in.

Here’s a quick example:
If your mortgage is $2,000/month and your tenants pay you $1,500 total, you’re only paying $500 out of pocket to live there. Over time, those savings add up, and you're building equity too.

You can ask your counselor:
Can I qualify for an FHA loan on a 2–4 unit property if I plan to live in one and rent the others?

@Katie Lyon  If it's your account, you're not obligated. Maybe revoke access for now. Have you talked to your attorney or checked local privacy laws on this?

@Rimane Tientega Awesome, you're starting young! Ask about FHA + 3.5% down, then see if a 2 - 4 unit works. Have you run the numbers on what house hacking could save monthly?

@Jen Geisler  Great setup, but unpermitted units can be risky. Check if local PMs will manage them & talk to insurance early. Have you explored legalizing the ADUs?

@Ashley W.  Smart thinking! I’d streamline the bar for space while keeping the amenities, more family friendly. Is this your first season, or have guests weighed in yet?

@Michael Rinde Smart pivot! Turning your primary into a rental is solid. Have you run the numbers on the fixer's ARV vs reno costs yet?

@Mike Smith  Interview 2–3 before choosing, though. Are you planning to hold this long term or eventually sell?