All Forum Posts by: Daniel Cisneros

@Jon LaGuardia could you please share more info on the course? Are you still working on this? Im interested on the program but would like to know how is it working for you... Thanks in advance for your help!

Hi Anthony Morrow, My apologies for my late response. I'm very happy with the deal, the fact that I pay 50% of the mortgage and after 8 months I have almost 10% equity on the property,which makes up for the lack of cash flow. My plan is to move out within a year to house hack another one. I will hold this one for the awhile along with other properties I have in Houston, then once I reach a 4-5 Mill Net Worth, trade it all for a multi at some point. The end plan is to replace my income and multiply it by 2 with cash flow. What's your game plan? do you have any suggestions?

Thanks a lot!

Investment Info:

Single-family residence other investment in San Jose.

Purchase price: $800,000
Cash invested: $150,000

First House Hacking in the Silicon Valley/ San Francisco Bay Area

What made you interested in investing in this type of deal?

This property has a garage conversion which is helping with half of my mortgage

How did you find this deal and how did you negotiate it?

I found it on the MLS and was negotiated by the awesome Team lead by David Greene

How did you finance this deal?

conventional financing with 15% down

How did you add value to the deal?

No value add needed this is a turn key property

What was the outcome?

I'm living very cheaply in the comfortably of single family home in the very expensive Silicon Valley/ San Francisco Bay Area Market

Lessons learned? Challenges?

Anything is possible with the right mind set, education and the right team: The David Greene Team!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

David Greene, totally recommended!

Luke Did you figure out or found any Desktop appraisers? I'm looking for one right now.....

Nicholas, do you have any info you may be able to share?