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All Forum Posts by: Jimmell J Swan

Jimmell J Swan has started 6 posts and replied 10 times.

Post: Best Loan Options For Beginner

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

@Andrew Freed Thanks for your feedback!

Post: Best Loan Options For Beginner

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

Purchasing a home under llc protects from personal liability but requires a 20 percent down payment. My question is there any lending that has a lower down payment but I can still purchase under an llc? It would be better to purchase a few homes with the $$$ I have instead of just one home in my opinion. Any suggestions?

Post: Renters Insurance Cost

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

Thanks for the clarity guys!

Post: Renters Insurance Cost

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

I’m about to close on my first investment property, is renters insurance generally covered by the owner or the tenant? I’ve heard it go both ways but not sure why. Anyone have any suggestions?

Post: New Construction Investing

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

Would a land purchase and new construction for rental purposes be more beneficial for sfh or multi family? I’m kinda at a crossroad between purchasing an existing home or just building what I want.. any advice??

Post: New Construction Investments

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

So I’m thinking about purchasing land, and doing a new home construction for rental purposes, my questions are….What are some pros and cons of taking this approach? Would this approach be better for multi family instead of a single family home?

Post: Which Is Best For The First Timer

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

Would a commercial loan be recommended for a single family home?

Post: Beginner Investor Mortgages

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

@Stephanie P. Thank You!

Post: Beginner Investor Mortgages

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

@Jason Peterson Thanks!

Post: Beginner Investor Mortgages

Jimmell J SwanPosted
  • Rental Property Investor
  • Tyler, TX
  • Posts 10
  • Votes 2

As a beginner investor trying to find a lender, will my credit be affected during the process of finding my first yes?