All Forum Posts by: Kevin Galimba

@A.J. D'Asaro thank you so much AJ. This has been really helpful!

Hi team,

I recently closed on a 4 bed single family property in Jacksonville. My plan is to live in it for a year and buy another property afterwards. For the meantime, I'm planning to rent out the three rooms to my dad and two brothers.

What do I need to know in terms of the lease agreement and taxes that I need to declare?

Also will the lender for my second house hack consider that as a 1 year experience of managing a rental property?

Thanks,

Kevin

Hi guys!

I just purchased a 4 beds 2 bath single-family property in Jacksonville, FL. I used conventional 3% on it with downpayment assistance. I have my dad and two brothers to help me with the monthly payment. So in a way I'll be house hacking.

My plan is to get a second property after living on it for a year. How will a lender pre-approve me for a second property that I will be occupying?

Thanks,

Kevin

Hi guys! Newbie here just starting out reading, listening, watching and learning about real estate investing.

I wanted to buy my first property within the year. My plan is to buy a 2-4 unit multifamily, occupy one and rent out the others. I just have a few questions.

Is it hard to find MFH with one unit vacant in Jacksonville?

Can you get 3% down conventional loan on a 2-4 unit MFH? (Excellent credit)

Can I get downpayment assistance from the Florida first time homebuyer program when buying 2-4 unit MFH?

Thanks guys, looking forward to connect with you all.

Kevin

Hi guys! Newbie here just starting out reading and learning about Real estate investing.

I wanted to buy my first property this year. My plan is to buy a 2-4 unit multifamily, occupy one unit and rent out the others. I just have a few questions.

Can you get 3% down conventional loan on a 2-4 unit multifamily? (Excellent credit)

Can I get downpayment assistance from the Florida first time homebuyer program when buying multifamily?

Thanks BiggerPockets community!

Kevin