All Forum Posts by: Montez B.

@Cyle Harris thank you I appreciate you, what are some things to consider when house hacking and being the owner ? I really don’t want my tenants to know I’am staying next to them honestly

@Kevin Roth did you ever get that property that you end up house hacking in ? If so how have that journey been for you ? I will appreciate it I’am currently trying to find one to house hack, and also is your pmi very high ? I hear negative about that but also if you pay the PMi every month cant you write that off as taxes right offs though ??

@Karen Bivans thank you ! I appreciate you a lot ! And have you personally house hacked before ? I’am currently trying to, but idk how to find a “sell by owner” deal I started my own business and I really don’t want to wait 2 years just to get approved for a loan, plus I’am trying to avoid the PmI if I can 😂😂😂💀 if you have every house hacked before please tell me how did you do it and did it work for you ?

@Brent Coombs thank you I appreciate your advice a lot ! So your saying for me to refinance to another fha loan I need to find a property that I can add value to that same year with force appreciation before I do that ? Why would I have to do that ? This my first time hearing about the way you saying, thank you

@Matthew Brill what do you mean by "non own occupied loan"? Do you mean like conventional loan ? And what all will change on my loan if I switch a FHA loan to a conventional loan ? Will my interest rate be lower ?

@Jason Wray okay thank you I appreciate you a lot i’am going to reach out to you now

So I was taking to a loan officer and he told me that I can only use the FHA loan 1 time and for me to use repeatedly I have to switch my fha loan into an conventional loan, so I was wondering what would be the pros and cons of me doing this ? Like once I switch it to conventional after staying in it for a year would I have to stay in the same house another year once i which it over before doing another fha? My goal is to house hack 10 times using the fha method, even though that PmI going to add up through the years cant j still right that Pmi off as a tax right off ?

@Kevin Roth meeeen that’s a great way I’m going to try your way thank you very much Kevin

@Aaron K. Thank you I’m happy well educated people like you are on this website to help me, I appreciate you a lot

@Mack Benson thank you very much I appreciate you a lot and great full for you helping me