All Forum Posts by: Jose Ruvalcaba

Hi Jose,

Your personal risk tolerance does pay a factor in this question. Are you comfortable taking out two mortgages or parting ways with that much cash at one time?

To be honest, I would rather start with one and then move on to the 2nd one if everything worked out. I am new to this so I am hoping to get some pointers from the experts.

0 Votes

Riverside, California

Quote from @Brandon Carlson:

Quote from @Jose Ruvalcaba:

Quote from @Alecia Loveless:

@Jose Ruvalcaba To properly analyze this we would need more information surrounding the other expenses associated with these properties.

I am the sole provider for my home so I

If it were me and I had $415,000 I would find 2 deals that cash flowed and put loans on them both and down payments of about $200,000 with $15,000 for closing costs and begin building equity on both where down the road you’d have two buildings that had appreciated to a bigger value and presumably rents had increased instead of just one.

I am the sole provider for my family so i dont know if I would qualify for two loans. I would have to spend 15k in in expenses to get the property running. Rental income can be up to $1700 per unit. I would only pay water and waste. Each unit has its own meter.

I would say it comes down to the cash flow, Cash on Cash Return, and location of the properties (appreciation). I am an agent/investor. If you want a second opinion, let me know.

Hello Brandon, I would really appreciate your opinion. I am new to the investment world and can take all the need I can get. Let me know what I can provide to you for better assistance. Thanks alot.

0 Votes

Riverside, California

Quote from @Alecia Loveless:

@Jose Ruvalcaba To properly analyze this we would need more information surrounding the other expenses associated with these properties.

I am the sole provider for my home so I

0 Votes

Riverside, California

Want to invest in a multifamily home. Have enough to pay cash for triplex but interested in investing on a 4 unit complex. What do you recommend? Triplex $415k. Apartment $750k. Which one would you buy? Rent is close to the same $1800 a month for each unit

1 Vote

Riverside, California

All Forum Posts by: Jose Ruvalcaba

Jose Ruvalcaba has started 1 posts and replied 5 times.

Post: Invest in Twentynine Palms

Post: Multifamily home investment

Post: Multifamily home investment

Post: Multifamily home investment

Post: Multifamily home investment