All Forum Posts by: Richard Qiao
Richard Qiao has started 1 posts and replied 2 times.
Post: House Hacking Advices Needed
Richard QiaoPosted
- New to Real Estate
- Boston, MA
- Posts 2
- Votes 1
Thanks all! A lot of great thoughts. @Dan Garrigus Yes, my current home is an SFH with conventional mortgage rate ~3%. The new purchase in NH is about 70 miles away from my current home. I have a fully remote job, so moving to NH can reduce my taxable income, and I have the plan to sell my current home in 2-3 years.
Post: House Hacking Advices Needed
Richard QiaoPosted
- New to Real Estate
- Boston, MA
- Posts 2
- Votes 1
So I'm currently living in Massachusetts, considering a multi-unit house hacking opportunity in New Hampshire. The lender agent denied the FHA loan application, because my current residence is much more expensive than the house I'm going to buy. Is this reasonable? How should I proceed with house hacking opportunities?