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All Forum Posts by: Hao Pham

Hao Pham has started 1 posts and replied 4 times.

Post: first property investing

Hao PhamPosted
  • Posts 4
  • Votes 1

@Lee Hampton yes sir, so you mean that i just start with a small multifamily first, live in there for a year as primer residence, rent out the others room

Post: first property investing

Hao PhamPosted
  • Posts 4
  • Votes 1

@Cody Neumann thanks your opinion Cody, I'll keep it in mind

Post: first property investing

Hao PhamPosted
  • Posts 4
  • Votes 1

Hi everyone, I'm a new in this community and living in Houston, after reading few books about REI, now i would like to take action with my first property. However, There are some issues that I am wondering:

1) Right now I'm renting a room for couple hundreds/month of a relative, should i buy first property as SFH or Duplex? and Do i have to live there when i buy it? because i think if i still live with my relative, i can rent out my first property

2) i just have 1099 job with small saving , am i possible for loan home? or anyway i can get low down-payment?

Can everyone give me some advice that i can make decision easier ? I'm willing to getting knowledge.

hi Khang, nice job with your first deal! can you also share to me your top3 lenders? i'am about ready my first property, so i think it may help me later, thanks!