All Forum Posts by: Account Closed

@Emily Kaye FHA is a great way to start - if you want to put even less money down, then FHA with DPA will help. You would only need money for closing and inspections but it's limited to single family residences unlike only doing the FHA without DPA where you can go up to a fourplex. And if you don't mind doing repairs then you can look into an FHA 203k where you are financed more money for repairs

@Cole Britting

What’s up cole I’m house hacking in Stockton CA (an hour outside of San Francisco) and not only is my mortgage getting paid off but I’m also netting an extra $400 a month - So far so good

Knowing what you know now, what would you do if you lost everything and had to start over and all you have is $10K

What would your 1 year plan look like? Or even 5 year plan?

@Allan Pilapil and I house hack each room and pay $0

@Ashley K.

Hey Ashley this is a great idea

I recently closed on a house and used an FHA loan (3.5%) then used a first time home buyers down payment assistance program that covered that 3.5% for me. I only paid for inspections

Hey everyone!

I just wanted to hear some stories about how some of you overcame your hardships and beat the odds.

Did you have a rough childhood? Did you overcome poverty? Lose a loved one?

I’m really eager to hear your rags to riches story and what ultimately got you into real estate and what pushed you towards success

Feel free to message me your story or reply below

Thank you all and happy holidays!

- Allan Pilapil

When working with seller financing would you work with an agent? And how does the agents commission get handled when you use seller financing?

Thank you for the advice!

Allan

Good evening everyone!

Does anyone know where I can purchase a list of multi family property owners in CA that owe nothing on their property? Is there such list?

Anything helps! Thank you all and happy holidays

-Allan Pilapil

@Daniel Ordonez

What area of Stockton are you in?

I agree a property manager would be a game changer

I initially wanted a MF but my FHA loan was paired with DPA funds and they restrict it to only SFR

How’s your triplex doing so far and have you done any work on it?

@Daniel Ordonez congrats on the Stockton purchase!!

I just recently closed on a SFR here in Stockton as well using an FHA loan with DPA so I basically put zero money down. Currently house hacking the property.

I’m in the same position as you, trying to figure out how I can scale with saving $2k a month.

I've been looking at Cleveland and I might BRRRR a property out there soon or I want to do what you did, and get a multi family in Stockton or Sacramento