All Forum Posts by: Michelle Nevarez
Michelle Nevarez has started 1 posts and replied 2 times.
Quote from @Michael Quarles:
I’m going to disagree on the house hack. You should never chop up a house. See what I did:)
I would make sure my investment business was separate from my personal business. That VA should be saved for your personal use. Btw thank you!
Learn sub2 and/or seller financing and go buy a few 100 homes. Sell five keep the sixth free and clear.
Investing isn’t difficult however not easy either. It’s like learning jujitsu.
Ha. That is a good one!
No need to thank me. I will keep that in mind as well, in separating both investments :)
I hadn't heard about a sub2, I'll have to look into this a little more. If you're not assuming the loan, only being added to the deed does that mean the seller is unable to sell without your approval? How long are terms usually set to continue payments? Would the mortgage need to be transitioned to you at some point in time?
Good morning,
Investing in real estate most recently has really caught my attention… as many others’ on here I am sure. After listening to a few BP podcasts, it really lit an interest.
Just a brief overview, I am currently living in Las Vegas. Financially, I am able to invest a few thousand, ultimately I would like to own a primary home though I am not too certain if it’d be in Las Vegas… prices are insane IMO. Though the rental we’re currently in I feel is a great opportunity as it’s in a great area and there may be the possibility to suggest a rent to own.
Guidance is appreciated on where to begin, I am not opposed to looking out of state. My partner is from the Midwest, and we've briefly brought up the area. If it helps any, I have the VA loan as a benefit as well. Just curious to know what routes I could take! 🙂