All Forum Posts by: Kyle Stoltz

Judy Hamblen I talked to my mortgage broker and your right it is 3.5%. He was only looking at conventional loans for some reason. The one question I have now is I heard you have to live in it for a year, but someone said 50% of the year living there would constitute as a year. Wonder if a person lives there full time could then get a multi unit twice a year under owner occupy then. Think someone said you would have to live there like 181 days in a year for it to technically be owner occupy and meet there standards.

Crystal Smith yeah honestly I would probably prefer a salaried position at least a tiny salary. Should be interesting. School starts for that Feb. 3rd, trying to get a 4 plex now and bought 4 investment properties in 6 months. Just trying to constantly build.

Andrew Davis thanks for all that information. I listen to the podcasts non stop when I have free time and also just setup keywords. If I do this I would give it my all not just a part time gig so should be interesting. Classes start Feb. 3rd I'm really excited to learn!

Mindy Jensen if I did this I would do it full time so give it my time. My investment properties could fund my day to day and I have good money saved. I do know quite a bit of people in real estate so that should help. I'm assuming I'm much different then most just getting into being an agent. I have 2 college degrees, spent 8 years in corporate America, ran my own food franchises for 4 years and have experience wholesaling and investing. So hopefully those things help me as I'm a pretty experienced guy in business.

Frank Sanchez what's nice is I live literally right next to Barrington. So if I do well would love to swim in that water as the homes there are very expensive.

Crystal Smith more the ladder. Think I want to become an agent to help with the funding of my investments, but become an actual agent to make money doing it. Think it's going to take a good amount of time until my investing can be full time so thought why not spend my day job in real estate and keep learning about real estate.

Ava Deeerdoff what's nice is I know a good amount of people in real estate already. But yeah I'm leaning towards if I do this trying to join a really established team as I know a good amount of agents.

Russell Brazil that makes sense. What's nice is I've run 4 of my own food franchises for just over 4 years so I know how to run a business. I'm in the process of selling my food franchises now.

Judy Hamblen I want to buy a 4 plex and love in one unit. So a small 4 unit apartment. My not mortgage guy is saying I would hate to put 20% down. Is he right?

Jeff Cox I want to buy a 4 plex so an apartment that has 4 units and I live in one.