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All Forum Posts by: Diandre Pierce

Diandre Pierce has started 11 posts and replied 24 times.

Post: Money locked. Please help

Diandre PiercePosted
  • Posts 26
  • Votes 11

So I did move because my wife found a new job and we needed to be closer . Granted that was within a month of the first house but I read that qualified as sufficient reason to move and I was allowed to rent out the house early. 

I appreciate the feedback. I’m just a little impatient and I don’t want to stand in my own way from lack of knowledge. 15% down? Where can I find that. I keep getting a hard 25 percent even though my credit is 770

Post: Money locked. Please help

Diandre PiercePosted
  • Posts 26
  • Votes 11

Wife and I bought a house 170K in my name with first time home buyer mortgage 800 renting for 1800

i have another house 225k in her name with first time home buyer We live in mortgage 1400 house hacking it for 800 a month


we save 2000 a month from these properties
i can’t get a lender to lend me anything else until I have 6 months saved up on both houses and 25 percent of my next property .
does anyone know a way around that or a way I can do this better

I have 14000 on hand and I saved this all this year. I bought no the those properties this year. And everytime I bought one we were at virtually zero. I can save like no other. I just don’t want to wait to save almost 100k before I can make a move

Post: I’m stuck. Money locked

Diandre PiercePosted
  • Posts 26
  • Votes 11

Furthermore this all happened this year and I currently have 14000 cash on hand. Which isn’t bad since I started at 0 everytime I had to put a down payment down . Just want to make sure I give as much insight as possible

Post: I’m stuck. Money locked

Diandre PiercePosted
  • Posts 26
  • Votes 11

Wife and I bought a house 170K in my name with  first time home buyer mortgage 800 renting for 1800

i have another house 225k in her name with first time home buyer We live in mortgage 1400 house hacking it for 800 a month


we save 2000 a month from these properties
i can’t get a lender to lend me anything else until I have 6 months saved up on both houses and 25 percent of my next  property . 
does anyone know a way around that or a way I can do this better