All Forum Posts by: Reese Hamilton

Of course, the numbers! We aren't in a rush but we do want to make a move this year. Thanks @Corey Stubbs 2020 should be a big year for us

I support the house hacking route although there are many ways to get started. I'm also in Chattanooga. My wife and I plan to buy a cheaper house south of downtown and do a rehab and rent it. I like what @Sam Lewis said also, find a good realtor who works with investors, but still has time to help YOU find a good deal. 

We don't want the higher rate of an FHA and we don't want to pay MIP, but if we utilize FHA we could potentially put down two more 20% down payments on investment properties in the next 12 months. The way I see it I need to pick one of two approaches:

We put down less on an FHA loan for our home. Then start brrrr method on 1 or more investment properties within the year. Then Refinance the FHA after a year.

Alternatively we spend a larger chunk of our down payment money on a conventional loan for our home and wait 1 year before we can start brrrr.

Do I need to get a CPA?

Thanks BP community!