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All Forum Posts by: Kokou Kanley

Kokou Kanley has started 4 posts and replied 6 times.

Post: New Duplex construction

Kokou Kanley
Posted
  • Investor
  • Omaha
  • Posts 6
  • Votes 2

We got pre-approved for a home loan, and are looking to build a duplex for house-hack. Any builders in the Omaha metro area with experience building duplexes,  I would love to connect and discuss whether we can do business together. Feel free to reach out to me. Thanks. Looking forward to working with you!

Post: New duplex construction

Kokou Kanley
Posted
  • Investor
  • Omaha
  • Posts 6
  • Votes 2

I am looking to build a duplex to do a house hack. I am not very familiar with the building process and would love some recommendations on how to learn more about the process. Any advice on materials (books, builder) would be highly appreciated. 

Thanks,

Post: financing for a duplex

Kokou Kanley
Posted
  • Investor
  • Omaha
  • Posts 6
  • Votes 2

My wife and I are trying to buy a duplex and do a house hack. however the bank doesn't want to approve us for a duplex, but would approve us for a single family residence even though they are both for the same purchase price? Is it because the duplex is regarded as a higher risk?  

Post: Financing options for someone with contract work

Kokou Kanley
Posted
  • Investor
  • Omaha
  • Posts 6
  • Votes 2

Thanks for responding Aaron. I am looking to buy a duplex and do house hacking. The goal is to live for cheap or free while getting to know the real estate business. I am going to have to pay for a place to live, so if I have vacancy, I would be able to cover my rent myself

Post: Financing options for someone with contract work

Kokou Kanley
Posted
  • Investor
  • Omaha
  • Posts 6
  • Votes 2
Originally posted by @Aaron K.:

If you don't have the income over the past 2 years on your tax return I'd look at whether you are really ready to invest, could you pay all the bills if you had an extended vacancy?

Post: Financing options for someone with contract work

Kokou Kanley
Posted
  • Investor
  • Omaha
  • Posts 6
  • Votes 2

I am having a hard time getting financing since I do not have constant income to show the bank. 

I am a new pharmacist and having a hard time finding a full time job so in the meantime I do contract work.

Besides waiting until I get a full time job? What other options do I have for financing 

Thanks