All Forum Posts by: Matthew Kwan

HI Jin, happy to hear that you're hunting your first house hack! There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible. Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy. This will allow you give a reference point on how much potential rent you can receive. (Max vacated rents - your monthly mortgage payment) = +/- net cashflow. Happy to connect and assist you in your real estate investing journey.@Albert Bui @Carlos

Hi Andrew,

First step is actually to speak with a lender and get pre approved and discuss your strategy for investing. What is it exactly that your trying to accomplish with your next investment property. Are you trying to buy it as an owner occupied? Non-owner occupied? is cashflow important or are you looking for more appreciation overtime? There's still many questions to ask. The best way to answer these questions is by getting pre approved and if possible with a lender who also works with many investors and invest as well as they will be the most knowledgeable when it comes to what loan programs may best fit your scenario. Once you figure out the loan product your using and how much you prequalify for then you can speak to a realtor to help you find a good deal. Hope this helps. @Carlos Valencia @Albert Bui

Yes talk to your property manager and make sure the contract states that anything exceeding $X amount should notify and granted by the landlord @Carlos Valencia @Albert Bui

HI Adam, 

 We work closely with investors and help our clients to diversify/expand their real estate portfolio. Looking to connect in the OKC market and see how we can grow together. Happy to connect!

@Carlos Valencia @Albert Bui

HI Janette,

First step is actually to speak with a lender and get pre approved and discuss your strategy for investing. What is it exactly that your trying to accomplish with your next investment property. Are you trying to buy it as an owner occupied? Non-owner occupied? is cashflow important or are you looking for more appreciation overtime? There's still many questions to ask. The best way to answer these questions is by getting pre approved and if possible with a lender who also works with many investors and invest as well as they will be the most knowledgeable when it comes to what loan programs may best fit your scenario. Once you figure out the loan product your using and how much you prequalify for then you can speak to a realtor to help you find a good deal. Hope this helps.

@Albert Bui @Matthew Kwan

HI Felix, happy to hear that you're hunting your first house hack! There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible. Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy. This will allow you give a reference point on how much potential rent you can receive. (Max vacated rents - your monthly mortgage payment) = +/- net cashflow. Happy to connect and assist you in your real estate investing journey.@Albert Bui @Carlos

@Albert Bui @Carlos Valencia

HI Joseph, for FHA 203k loan, It's typically for owner occupied and it can be 1-4units ( (however 3-4 units you'll have to pass FHA SS Rule ask if you have questions)

-Rehab cost must be total $35k budget, anything over will require a HUD consultant with a management of fee ($1200-$1600) for them to oversee and coordinate with your general contractors. @Albert Bui @Carlos Valencia

Using top tier materials at a class C neighborhood. It's only so much you can maximize in terms of your rent. However, you will be able to differentiate yourself from your competitors within your neighborhood. @Albert Bui @Carlos Valencia

Hi Nicholas
The beauty of FHA is that it allows you to put 3.5% down payment to invest in 1-4 units. However if you plan on buying 3-4units, there is a trigger rule for FHA, it is called the self sufficiency test. In order to past this SS test, your appraised market gross rental income at 75% has to be more/equal to your monthly mortgage payment (PITIA).  However, if you are only sticking with single family residence or a duplex then the SS rule will not be triggered. These are something to be considered. Wishing you all the best in your deal and happy to connect. @Carlos Valencia @Albert Bui