HOW IT WORKS
Five steps from paying rent to collecting it.
You buy a house with an ADU, a duplex, a triplex or a fourplex, live in one home and rent out the rest. Because you live there, an ordinary home loan buys it.
Free. No credit pull.
On a $480,000 duplex in Texas where the other home rents for $1,650, the payment is about $3,950 a month. The rent covers part of it, and you pay about $2,570 to live there. In a month with no rent, you pay the whole $3,950.
The same rent also counts toward what you qualify for.
An illustration, not a loan offer. It assumes an FHA loan at 3.5% down: a 30-year fixed loan at 5.6%, the rate this site prices a duplex at today (an interest rate, not an APR), with Texas taxes and insurance. $270 of the rent is set aside each month for repairs and empty months before the rest goes to the payment. Your rate, APR, payment and approval depend on your credit, the home and the lender.
One team does all five with you.
We find every one for sale.
Every hour we pull the houses with an ADU, duplexes, triplexes and fourplexes from the MLS in Texas and Colorado. Each one is checked against home loan rules and priced the way you would live in it.
You find your number.
Answer a few questions about income, debts, savings and credit, with no credit check, and the site shows the price you can carry and the homes that fit. That is your estimate. A pre-approval comes when you ask for one, and it is a person reading your documents.
See what you can buyYou walk through the ones that fit.
A Series agent goes with you, and you have the monthly cost of each home in hand.
We check it. Then you offer.
We get the leases, confirm the rents and the number of homes, and tell you which loan fits. Then Series handles the mortgage, the appraisal and the insurance, and you see the whole payment and the cash to close before you sign.
What each loan asks forYou get the keys. Then you get rich slow.
You move in within sixty days, plan to stay at least a year, and let the rent and the payments do their work.
See the ten-year mathSTART HERE
Tell us three things. We send the homes that fit.
Say roughly what you earn, what you have saved and where you want to live. You get a price range, the loan that fits and the homes for sale that match.
Free. No credit pull.
QUESTIONS
Every landlord was new once.
Which homes does this work on?
Four kinds. A house with an ADU is a house with a second, smaller home on the same lot, such as a backyard house or a garage apartment. It is financed as a single-family home. A duplex, a triplex or a fourplex is two, three or four separate homes in one building or on one lot, each with its own kitchen, bath and entrance. Five units or more is commercial property, which a home loan does not cover, so this site stops at four units.
How much cash do I need to start?
The down payment plus closing costs. The minimum down payment is 0% with a VA loan, 3.5% with FHA and 5% with a conventional loan. Closing costs add about 2.5% of the price, and some loans ask you to keep months of payments in savings after you close.
See what your cash reachesDo I need to have done this before?
No. It is a home loan, so it asks for what a home loan asks for: income you can document, a credit score at or above the loan's floor (620 conventional, 580 for FHA at 3.5% down) and the cash above.
How does Series find the homes it shows me?
It reads the MLS in Dallas-Fort Worth, Austin, Denver, Boulder, Fort Collins and Colorado Springs every hour and keeps the houses with an ADU, the duplexes, the triplexes and the fourplexes. Each one is checked against home loan rules and priced the way you would live in it: the payment, the taxes, the insurance, and a rent for every home you would not live in. You see one monthly cost and where each number came from. The figures are estimates from the listing.
What if I have never been a landlord?
Then you are where every landlord started, and your tenant will live on your lot. You choose the tenant, sign the lease, collect the rent and handle repairs, or pay a manager to. It is work, and it can be learned. Chapters 11 to 13 of the House Hacking Bible, on this site, cover tenants, vacancy and sharing a wall.
Read chapter 11How much rent will the other units bring in?
Each listing answers that for its own homes. Every unit shows a rent and what it rests on: a lease in place, what that unit last leased for on the MLS, what comparable units nearby leased for, or the listing's own figure, which is labeled as such. Where we have no figure yet, the listing says so. Before you offer, we get the leases and confirm the rents.
ALREADY FOUND ONE
Send us the address. We get the leases before you offer.
Free. No credit pull.