TD Ameritrade (Legacy) vs House Hacking

TD Ameritrade was long considered the best platform for traders, but it has been acquired by Charles Schwab. While it still exists as a legacy platform for many, new users are being directed to Schwab. It remains a legendary platform for its 'thinkorswim' software, which is still the benchmark for professional-grade analysis. It is included here for its historical impact and because many beginners...

House hacking involves purchasing a multi-family property (2-4 units) or a single-family home with extra rooms, living in one part, and renting out the others. This strategy is the gold standard for beginners because it allows you to utilize FHA or conventional owner-occupant financing, which requires significantly lower down payments than investment properties. By having tenants cover the majorit...