He dotted all i's and crossed all t's and my goal was accomplished.I know this post is old but if you have any more questions let me know and I would be more than happy to answer as my experience was top notch.

Now that I'm beginning to make a good wage at work, I am looking to learn, network with people in the area plus around the state, and fingers crossed house hack in the next couple of years to begin building equity and wealth.

We definitely have all the other documents in place as well. 

You cross paths with the same people again and again, which makes humility and doing the right thing more important than anything else.

A few creative options: you could look into a second-position lender (not all banks, but some private lenders will do this), partner with private money using your equity as collateral, or even structure a cross-collateralized loan with another purchase.

We should have cross collateralized and started another deal around year 10 or 15.The above is just a baseline discussion, not taking into account downpayment, interest rate changes, different inflation rates, market shifts.

You can check out my projects as well.

That kind of shift always creates leverage for people who understand timing.NAR’s latest Confidence Index reinforces that the market is active beneath the surface:• 2.1 offers per listing• 19% selling over list• 29% cash• First-time buyers at 32%• Typical contract: 30 daysAnd Louisville’s numbers are telling a story of their own.Louisville Market (Today)Active listings: 3,498Inventory is tightening.Listings sitting 60+ days: 1,448That’s 41.3% of our entire market aging out.Multifamily inventory: 101Sitting 60+ days: 59That’s 58.4% of multifamily stuck in place.When this many properties cross the 60-day line, it doesn’t mean the market is weak.

.• Stricter compliance.Depending on your city, rent-by-the-room can cross into boarding house / lodging house territory.

I am a loan originator as well who helps people like you, so I'm happy to have a conversation about your financial strategy and qualifying for your first purchase.