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All Forum Posts by: Raphael Enrico

Raphael Enrico has started 1 posts and replied 7 times.

Post: Live Before you Rent?

Raphael EnricoPosted
  • New to Real Estate
  • Kent, WA
  • Posts 7
  • Votes 2

@Shawn L.

Thanks for clarifying! So using a private lender is more the conventional way of getting an investment loan? I just finished school and don’t have much capital but wanted to get my feet wet in real estate. 

Post: Live Before you Rent?

Raphael EnricoPosted
  • New to Real Estate
  • Kent, WA
  • Posts 7
  • Votes 2

@Account Closed,

What if I'm looking to do a FHA loan? I heard that if I qualify for the loan I would only need to pay around 3% down payment. Would I still be able to use this loan for investment purposes?

Post: Live Before you Rent?

Raphael EnricoPosted
  • New to Real Estate
  • Kent, WA
  • Posts 7
  • Votes 2

Hi @Brie Groves,

Thank you for the reply! I Sincerely appreciate it!

Post: Live Before you Rent?

Raphael EnricoPosted
  • New to Real Estate
  • Kent, WA
  • Posts 7
  • Votes 2

Hey everyone! I’m completely new to real estate investing but have been eyeing on buying a rental property for a few months now. However, I heard from others that you would have to live in the property you bought for a year before you rent it out to tenants. Is this true? I live in the greater Seattle area, not sure if it’s a rule exclusively for WA? 

Post: North Seattle/Snohomish County Meetup

Raphael EnricoPosted
  • New to Real Estate
  • Kent, WA
  • Posts 7
  • Votes 2

@Sherief Elbassuoni

I live more south, in the Kent area, but would still love to join you all for the meetup!

Post: South king county/Seattle meet up

Raphael EnricoPosted
  • New to Real Estate
  • Kent, WA
  • Posts 7
  • Votes 2

Hello @Char Tovar

Fantastic news! I would love to join you all for the meetup. Is there a link you could possibly provide so that I may be directed to the event page?

Thank you

Post: South king county/Seattle meet up

Raphael EnricoPosted
  • New to Real Estate
  • Kent, WA
  • Posts 7
  • Votes 2

Hello @Char Tovar

Fantastic news! I would love to join you all for the meetup. Is there a link you could possibly provide so that I may be directed to the event page?

Thank you