All Forum Posts by: Michael H.

is it possible for a lender, in Texas, to get a mortgage using my wifes credit and income only? our current mortgages are only in my name, not hers. WE have Identified a property and need to get approved fast! is it possible? this is for a FHA (neither of use have had an FHA before and we will be occupying the property)

*sorry for typo in title, it wont let me edit*

@Stephen J Davis

Hi steve,

Fellow houstonian here.

How do you ensure youll be able to refi into a conventional loan?

@Craig Curelop thanks. Listening to your book as I type. Is there a PDF cheat sheet in rotation on house hack deal finding, or financing?

Thanks

Hey BP land,

Looking to reverse engineer my next house hack. Im in houston texas and would like to know what performance metrics should I seek in a 1 to 4 unit home to ensure Ill get approved for another loan year after year?

Thanks!

@Jackson Sandland they always charge more for personal residences. Also, they may want to know if its a rental or a flip. So they know what grade of materials to offer.

@Ahmed Youssef hard pass. Also, ask if the turn key guys do property management. If so ask then where they manage and how many doors. If A turn key wont manage your property than the rental comps and price they offer you are likely no good

@Scott Trench following

@Michael Ealy

I am house hacking and about to buy my second house hack.

How can a little guy with 2 cashflowing SFH's just into multis and big deals?

I hear big fish say all the time "just go big" but I cant find anyone who actually started big. The big guys seems to have all started small and then sold off the little stuff.

Before I leverage myself into more SFH and eat up all my DTI what should I consider?

@Craig Curelop thanks for the reply superstar! Reading your book now!

@Cameron Tope hey cameron, thanks for the reply, can you reccomend a lender here in houston,tx for a house hack?