All Forum Posts by: Jose Rios

Thanks Chris Tan Renting out rooms sounds like a great idea during the time I live in the house. I'm looking at a couple houses ranging from 85,000 - 105,000 needing minor repairs. The rent in these areas for the type of house I'm looking at range anywhere from 900 - 1300. So hopefully by the time Im ready to rent it out entirely these rates will be true.

I'm looking to get started on my first real estate investment (first home purchase). Unfortunately, I was not approved for enough to purchase a 2 unit duplex like I wanted. My plan now is to buy a SFH and live in it long enough to meet the FHA's minimum amount of time in order to begin renting it out. Would someone maybe suggest I not go this route and just wait to get approved for more and get the duplex? Currently looking in the SE Houston area

Hello everyone I've actually been a member here on BP for a couple of months now, I've just never posted on the forum. I am looking to get started on my first real estate investment (first home purchase). Unfortunately, I was not approved for enough to purchase a 2 unit duplex like I wanted. My plan now is to buy a SFH and live in it long enough to meet the minimum amount of time in order to begin renting it out. Would someone maybe suggest I not go this route and just wait to get approved for more and get the duplex? Currently looking in the SE Houston area (Pasadena, League City)