All Forum Posts by: Alex Shaughnessy

Not to mention if your credit is good and your income will allow, there are products that you can put down 5%, which, in my opinion, would be better than fha because of the fees.

ok so im not crazy. thanks guys

Good afternoon. I was wondering when running numbers for potential properties how the taxes work. I watch Brandon on the webinar use the county website and whatnot. however, I was under the impression taxes were based on value that the property was bought for and gradually go up. So when you buy it from that seller, don't they get reassessed for a higher amount? (assuming you are buying from someone who bought the property awhile ago).

example. I am looking at a property that was bought in the 80s. its current taxes is $900 (great for san diego). however, if I purchase it at its current price, wouldn't they go up significantly?

Great job

@Jason Hirko thank you. I plan on doing rehab right away, does that mean I would have to do all of that while in escrow?

Jump in and LEARN LEARN LEARN. This place has everything

im right behind you, about to go through the same thing. Good luck

Good luck!

Nice call on the house hack, good luck out here in SoCal

When it comes to conventional lending, how bad does the house have to look before a lender will not close? I am currently looking at a triplex that appears to have boarded up windows, some missing drywall, possible mold. Have not visited the property yet this is just what I can see in pictures. Any advice from lenders will help. Thank you