SO,finally after 9 months of reading books,attending seminars and looking to over 120 properties I got one under contract and the option period starts tomorrow
It’s a duplex and I’m gonna house hack it.
I need some advise and I do appreciate the time that you will take to answer my questions.
1)I need a good inspector in the dallas fort worth area who can tell me how much exactly every think going to cost to get fixed.
2)I need a good insurance company
3)my lender gave me an interest rate of 3.857%,is there any one u recommend would do better(I’m 1099 not W2)
4)And,is there any thing else comes to your mind might help me in starting my journey?
Finally,I want to thank everybody,and I mean everybody here,because without this group I wouldn’t do anything.
Thank you so much
Your % rate is good
House hack is great too you are right to watch ppl.next door BUT do not tell them you are the owner
Invest in a Property Manager they will do everything for you ...
But I already going to pay 600$ to live in the other side
Do u think it would be a good move to hire somebody and pay him to do that?
What loan type is that? FHA or Conventional? Is your credit good, great, or excellent?
Insurance: @Zack Conroy with Goosehead Insurance. He’s the best especially when it comes to structuring your house hack policy (part rental part primary residence)
My credit is very good
Rate should definitely be lower than 3.875% then
Originally posted by @Shahad Saffar :
My credit is very good
Do u have any lender in mind that can help me?
@Shahad Saffar sent you message
Purchase price, down payment, credit score are all considerations that I would need to answer on if it is a good rate.
James Jenkins and Associates is a great insurance agent.
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