All Forum Posts by: Christopher Soos

@Mark H. Porter

I appreciate the info.

@Bob Okenwa

Thanks for the info.

I recently found an 8 unit apartment complex for sale. I am able to afford the 20% down but I would rather try to house hack in order to put less down. I know it is possible in duplex-quadplex but wasn't sure about apartments and mobile home parks. Any info is welcomed and much appreciated!

@Jason D. Okay great so I do have some options. Thanks so much for all of the helpful info.

My wife and I love St. Pete by the way!

@Jason D. Okay that makes sense, thank you for that piece of information. So should I start looking into private and hard money options, or possibly pulling it out of my 401k?

What other types of options are there for someone who doesn't have that cash on hand yet?

Hey guys and thanks for responding. I am waiting on more specific information on the property but doing my own research on a few free public websites it looks like the property is already worth around 460k I am aiming way lower in hopes that is at least worth 400k.

I haven't purchased a house since 2010 and I think I put 3% down back then, I assumed/hoped that with excellent credit you could still do something like that?

Thanks again and I'm sorry for my lack of knowledge on this subject.

I am finally taking the plunge into real estate investing. I am going for the BRRRR approach. I will not be able to put down 20% but still qualify for up to a 450k loan (I was slightly modest with my income) I found a duplex with tenants for 350k in a very up and coming area. So after I do some upgrades/updates and the value goes up, how do I refinance and pull out cash for my next investment?

Thanks to all for the help and information. I look forward to being knowledgeable enough to do the same soon.

@Greg Scully Thanks so much for that info. I will definitely move forward with that!

I am currently looking at three different multi family homes in Greenville NC. They are all occupied with tenants and Zillow values them all above the listing price. How does one have an inspection done without "disturbing the tenants"?

One of these will hopefully be my first non live-in investment.

Thanks in advance for any info at all.