All Forum Posts by: Antonio Estrada

I'm currently trying to find a house to hack, and I've been analyzing many deals, however, there is this one house that is listed as a pre-foreclosure and I'm wondering if any of y'all have any experience in buying in pre-forclosures. What are some things to look out for when buying this type of property? Is it even worth buying this property? It's a four-bedroom house, one bath (I want to do a rent-by-room type house hack and I do plan on adding another bathroom if I do end up buying) According to Zillow, it's been on the market for 320 days, it's listed at $84,851, and Zillow says it has an unpaid balance of $137,015 with the original loan of $184,000 issued back in 2006. I want to know your thoughts on this. Also, how would I even go about submitting an offer? I'm a newbie so the more info the better. Thank you.

What's up Dylan! Yes, please, that would be awesome if I could zoom y'all. Thank you so much :)

Nice to meet you Tyler! Wow! I've also been looking into house flipping, but it's really scaring and daunting haha. Congratulations on your house flips though! And I hope I can reach that level of success within the next three years, it's definitely a part of my goals.

What's up BP! Besides the books published by BP (I already have most of them) what are some great book recommendations? I'm looking for books outside real estate (but if you have a great book about real estate, please tell me!) I'm looking for books that are motivational, ways to create a strong routine, ways to properly manage your time while working 40+ a week, ways to work smarter, not harder, and ways to live an overall efficient and happy life. 

Thank you in advance!

Hi, y'all! I live in Fresno California and I'm looking for other BP investors who have bought properties. I have read books such as The Book on Rental Property Investing, The House Hacking Strategy, Investing in Real Estate with No (and Low) Money down, Rich Dad Poor Dad, and I'm currently reading Retire Early with Real Estate and Set for Life. However, you can only learn so much from books. I want to meet up with other experienced investors and just talk real estate, and maybe make some new friends! If you're interested, please let me know! :)

A little bit about myself. I am 18 years old, I listen to BP podcasts every day, I love socializing (quarantine has been a nightmare for me), and I want to begin building my wealth as fast as possible! Although I'm extremely eager, I also want to fully understand what I'm getting myself into, and I think the best way to do so is to just talk to those who have been in the game and played the game well.

Thank you.

Hi, y'all! I live in Fresno California and I'm looking for other BP investors who have bought properties. I have read books such as The Book on Rental Property Investing, The House Hacking Strategy, Investing in Real Estate with No (and Low) Money down, Rich Dad Poor Dad, and I'm currently reading Retire Early with Real Estate and Set for Life. However, you can only learn so much from books. I want to meet up with other experienced investors and just talk real estate, and maybe make some new friends! If you're interested, please let me know! :)

A little bit about myself. I am 18 years old, I listen to BP podcasts every day, I love socializing (quarantine has been a nightmare for me), and I want to begin building my wealth as fast as possible! Although I'm extremely eager, I also want to fully understand what I'm getting myself into, and I think the best way to do so is to just to talk to those who have been in the game and played the game well. 

Thank you.

Ahh darn, and I didn't know about the debit secure credit card! I'll definitely start with that. Thank you for the advice, I really appreciate it.

My biggest obstacle is financing a purchase on a property I want to use for a house hack. Problem is, lenders, do not want to lend to me because I have only been working since November 2020 (My credit score is 719 and I have literally no debt, which I'm not sure is good or bad). I'm looking into hard money loans, however, I want to see what other options I have. A question I have is if I partner up with my mother (we have an extremely strong relationship and she is 100% willing to lend to me as long as I put in the work) can she apply for an FHA loan, use the money from the HELOC to pay the down payment, closing costs, and minor rehab costs while I live in the property under my name? Or it doesn't work like that? This might be an extremely dumb question, but I don't care. If this isn't possible, what other options do I have to buy a house hack? Lastly, if all of what I asked is just nonsense, I have another idea. I know Freddie Mac offers a loan program called Home Possible, and I want to know if they also want two years of steady job history in order to qualify for the loan. Thank you so much for the help!

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