All Forum Posts by: Christian Scalla

HotPads.com Realtor.com Are also good websites to look at. In general I would look at your property and try to find others like it in your area. For example, 2/2; 1100 sq. Feet; washer dryer in unit. Search for properties like that in the area and see how much people are asking; which ones sit on the market for longer, which listings get rented out faster and why.

I've never heard of the Space Coast and lived in South Florida my whole life. Cool name, very trendy..

Thanks everyone!

Do multi family property loans of under 20% have PMI? If so how is it calculated? Based on the performance of the asset, is it reasonable to say that if the numbers work I can find a lender that will do 90% LTV? (10% down) Thanks

Can an S Corp generating a loss cancel out W2 income?

Is there a certain amount of time you have to wait (after buying a property cash) to take out a HELOC?

Electric meters mainly

Say we had a 4plex that was not separately metered.. how much do you think that would Cost? (Ball Park) Are there permits required?

Interesting situation.. Do you have to wait until LTV is 20% to refi an FHA Loan? Does it depend on the bank?

Rich dad says to first build your portfolio and then buy your personal residence. Maybe just to cover your mortgage payment at first.. But this is a personal decision for anyone. I would go the 4 plex route someone mentioned earlier. FHA loan, live in 1 and rent out the other 3. When you're done with your 1 year requirement out someone else in there, refi and find your house.