All Forum Posts by: Brayden Hrycko

Hey @Erik DeLeo, 

I noticed you said you wanted to wait til a year in to refinance before you switch to conventional. You can refinance after 6 months. Depending on how much you put down and what the property is worth now, we'd just have to see where your equity is at to make the refi work. Also, that depends on whether you're looking to use the fha on the next property which is what I would assume you'd want to take advantage of. Reach out if you want more clarity. 

Hey @Max Fils Remfort!

Congrats on starting your real estate journey! FHA is a great option to explore a multi and I love your idea of also house-hacking. I would recommend reaching out to a lender soon to make sure you have all the other components ready to make this purchase. If you'd like to explore those options I have some recommendations. Feel free to reach out.

In this case you'd be stuck waiting for that 2 year mark for a primary residence since the income is variable. Or find someone that can co-sign for you. 

Hello @Corinne Cox, 

Congrats on your soon to be degree and for starting your real estate journey early! You are on the right track. As others have suggested, reach out to a few lenders and set up a plan with them to meet your goal! Feel free to reach out to me as well!

Hello @Robin Panzera,

I have a few lenders that have options for STR. Feel free to reach out. I'd like to learn more about what you're looking to do!

Hello @Winona Newell, 

I would recommend interviewing lenders and pick one that you feel has your best interest in sight. I would also recommend picking someone that has experience with lending in the general area that you're looking in. 

Love the Tampa Bay area! We just spent a year in Saint Petersburg! Good luck to you on your journey! 

I would try to find some local credit unions. There are some in my area that will lend up to 100% of the value of the property if its a primary. 

Hey @Kayla Mcpherson,

I hear your pain with the big downpayments. I was going to recommend DSCR but that 20-25% down. If you just want a lower downpayment, would you consider purchasing with the intention to move into the property? You can always just try fha into a multi unit and turn your primary into a rental as well. That would be an easy way to self fund the next deal. You can always just partner as well until you're able to purchase more.

Hello @Hjalmar De Boer, 

I would love to learn more about your scenario. I have experience in the short term rental space. Are we looking to second home this purchase or just go investment?

Hello @Jessica Macklin, I may be able to help you on this. Could you fill me in on the specifics of the property, what its worth, what you're trying to pull out, etc. Feel free to message me as well.