All Forum Posts by: Rodolfo Saracho

House will cash flow mortgage is 1500 and rent for the house is 2100-3250. The house is a new construction house built in 2021. Just not sure if I should move out just to rent out the whole house or house hack. Moving out I could cash out refinance once I have tenant renting property. House hacking is what I am attempting at the moment just not sure about what to charge in different scenarios, what is acceptable for criminal history ect.

I purchased a home threw an FHA loan and closed in March. The House has since went up 100,000 + in property value. I have been on mortgage forbearance for 6 months. I plan to stay on forbearance for 6 more months. I need help with a contract for house hacking, plan to rent out both extra rooms. I am using Facebook and another roommate finder app to source for roommates. At the moment I plan to use Lease contract from the BP to lease room, but I am not sure if that is good enough for house hacking. Should I sell house then use profits to get 2 more houses? How can I get a contract for house hacking?