All Forum Posts by: Travis Horstman

My name is Travis Horstman and I'm just getting started on my real estate investing journey. I am looking for some opinions on what to do with mine and my fiancé's primary homes.

I own my home at a 3.25% interest rate and have about $106,000 in equity (I recently had an appraisal done). My fiancé owns her home as well with a low interest rate and about $150,000 in equity. 

We are planning to move in together soon and like the idea of house hacking. Either single family or multi family. With that considered, should we keep our houses as rentals? I analyzed both houses and they would be very close to breaking even after mortgages and all other expenses. However, that is being rather conservative with the local rent rates. My house was built in 2017 and hers was built in 2020. We both want to keep our houses as rentals due to our low interest rates and equity, but only if it financially makes sense.

We wouldn't need the equity in either home to make our next purchase, but it would allow us to potentially buy more than one property with our liquid cash and the equity from one, or both of the houses. 

I appreciate any and all feedback! I am happy to be a part of the BP community!