Investment Info:

Single-family residence buy & hold investment.

Purchase price: $499,990

5 bed 3 bath split level house in Hyattsville, 1875 sq ft

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

The cost of a sewer line is the same whether it is on a triplex or a single family home, but with a MFU you can spread the risk.

Buy a property when it feels good is when you are buying your primary home where your kids will grow up and you'll live with your family.

Which insurance providers or claims adjusters typically handle displacement housing arrangements?

I found way better courses since then that actually go over what it takes to build a home for way less money!

W2s, personal homes and K1s are usually straightforward and can be DIY-ed by most computer-savvy and financially-savvy people.

.🔹 Ideal in Any Market – Whether home prices are rising or falling, lease options allow you to lock in today’s price while benefiting from future appreciation.Other creative strategies—like seller financing, subject-to deals, and the BRRRR method—can also open doors, but lease options remain one of the most powerful, low-risk, minimal cash out-of-pocket ways to build a portfolio.

I'm still in the trial version and this looks like it can be home for such a long time. 

Hey James, I haven’t purchased land in Davis Park myself, but I do have clients currently flipping a home not too far and there's a lot of new construction happening in the area.