Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Courtney Mccrear

Courtney Mccrear has started 18 posts and replied 41 times.

Any agents or investors in here familiar with the Austin Tx market?

Trying to househack a multifamily, stuck between Houston or Austin. I’m grateful for any input.

I’d prefer to assume another Veterans Loan, to avoid 7% interest rates. I’m a veteran as well.

I have cash as well!

Already approved for VA loan also! Let's work!

Post: Trying to househack a multifamily in Austin!

Courtney MccrearPosted
  • Investor
  • Posts 53
  • Votes 25

Any agents or investors in here familiar with the Austin Tx market?

Trying to househack a multifamily, stuck between Houston or Austin.

I’d prefer to assume another Veterans Loan, to avoid 7% interest rates. I’m a veteran as well.

I have cash as well!

Already approved for VA loan also! Let's work!

Any agents or investor in here familiar with the Austin Tx market?

Trying to househack a multifamily, stuck between Houston or Austin.

I’d prefer to assume another Veterans Loan, to avoid 7% interest rates. I’m a veteran as well.

I have cash as well!

Already approved for VA loan also! Let's work!

I’m already approved for another Va loan thank you though 

Post: Advise on owner occupied multifamily househack?

Courtney MccrearPosted
  • Investor
  • Posts 53
  • Votes 25

Absolutely. I have a larger family though, most 4s are 2bd 1ba. I haven’t found anything suitable on or off market. But I have 2 triplexes I have my eyes on.

Quote from @Randy Rodenhouse:

Congrats on getting out of bed!  However, a couple of things concern me...you said you sub2 your primary home.  Hopefully, you are saying you bought your first home sub2 and not sold it sub2.  Please clarify.  Second, with only 10k you should not be doing multifamily.  That is not even enough money for the fees and costs to get the loan.  Plus you will have to raise some capital which requires a syndication and more costs.  

 So I have 80k that I have available to utilize from personal credit, I’m staying under 10% percent of that, I have 10k liquid, and a precious metal portfolio I could use as collateral. 
Also I have a VA loan that I just got preapproved for.

Yes I subto’d my primary which will close on the 16th. Looking for a multifamily in HTX to househack.

I know for certain it’s a seller out there willing to pay some if not all costs if they can’t and the numbers don’t fit I just don’t do the deal.

Post: Advise on owner occupied multifamily househack?

Courtney MccrearPosted
  • Investor
  • Posts 53
  • Votes 25

Copy!

Post: Advise on owner occupied multifamily househack?

Courtney MccrearPosted
  • Investor
  • Posts 53
  • Votes 25

Investing into Real Estate the last 2 years has been the BEST rollercoaster ever. A literal rollercoaster, but after 2 years I can say Real Estate has allowed me to achieve paying off 80k in consumer debt/ credit cards. Majority of which came from not doing my due diligence from a GC and getting burned for 50k, but wholesale and tax sales have turned it all around!

Getting to the point though… I just subto’d my primary home. I would like to acquire a multifamily in Houston Tx by August. I have 10k in reserves and no debt, what would be your best suggested route to acquire a light rehab multifamily in Houston Metro?

I have my Va loan so I can get traditional lending rather easy by just going on market, but I would like to save that as my last option!

Could anyone give me any advice on managing an owner occupied multifamily?

Investing into Real Estate the last 2 years has been the BEST rollercoaster ever. A literal rollercoaster, but after 2 years I can say Real Estate has allowed me to achieve paying off 80k in consumer debt/ credit cards. Majority of which came from not doing my due diligence from a GC and getting burned for 50k, but wholesale and tax sales have turned it all around!

Getting to the point though… I just subto’d my primary home. I would like to acquire a multifamily in Houston Tx by August. I have 10k in reserves and no debt, what would be your best suggested route to acquire a light rehab multifamily in Houston Metro?

I have my Va loan so I can get traditional lending rather easy by just going on market, but I would like to save that as my last option!

Does anyone have any advice for managing an owner occupied multifamily?

Investing into Real Estate the last 2 years has been the BEST rollercoaster ever. A literal rollercoaster, but after 2 years I can say Real Estate has allowed me to achieve paying off 80k in consumer debt/ credit cards. Majority of which came from not doing my due diligence from a GC and getting burned for 50k, but wholesale and tax sales have turned it all around!

Getting to the point though… I just subto’d my primary home. I would like to acquire a multifamily in Houston Tx by August. I have 10k in reserves and no debt, what would be your best suggested route to acquire a light rehab multifamily in Houston Metro?

I have my Va loan so I can get traditional lending rather easy by just going on market, but I would like to save that as my last option!

1 2 3 4 5