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All Forum Posts by: Joe Contreras

Joe Contreras has started 1 posts and replied 2 times.

Post: 1st Time Purchase - tri/quadplex

Joe ContrerasPosted
  • Posts 2
  • Votes 2

Thanks for the input team. I hadn't considered MIP and being more inclusive is a great strategy!

Post: 1st Time Purchase - tri/quadplex

Joe ContrerasPosted
  • Posts 2
  • Votes 2

I am in a position to make a first investment into a du/tri/quadplex. My fiance and I are not yet married and I've recently learned of the house hacking technique and think we could leverage some creative financing to launch a real estate portfolio. She's terrified though, and I can't seem to convince her of why this method is an excellent opportunity to enter into real estate with minimal cost compared to, say putting down 20% on a traditional mortgage for a single family home, solely for us. I am starting to believe perhaps she's right and purchasing a multi-tenant property might be overwhelming ... Any thoughts from anyone who has experienced this type of analysis paralysis? We have no kids or other heavy obligations.