All Forum Posts by: Ethan G.

My husband is taking Scott’s courses and is really feeling a lot of pressure and really wants me to get into the Note business. I have been burned badly on my very first investment deal for a sum of around 50k and really have an awful taste in my mouth about RE investments. So I agreed to make some calls for my husband during the day and something just told me to look Scott up and lo and behold this is the first thing that popped up. I couldn’t believe what I was reading so much! Had I known first hand about my friend who burned me in my first deal I would’ve never went along with it. I called my husband to tell him and he says he has read all of this and is still trusting this crook!!! I’m not going to sit back and watch him get screwed by this man the way I was screwed. This is crazy!!

@Ethan G. Thanks. Interesting.. My closing docs clearly call out the fees as “lender title insurance”. So in Texas they should be the same (for the same property value) irrespective of purchase or refinance?

Hey Landon, 

700k seems like quite a big step for a first house hack/investment. Museum district has probably the highest demand no doubt about it and seeing a 2% appreciation sounds pretty average. But can you cover the mortgage without roommates? Can it atleast break even/cash flow as a regular rental? 
If so, and this is where you want to live then pull the trigger. But I’m with @Holly Brown pick an area that is gentrifying inside 610. Maybe 300-400k instead. Holly where’s your house hack?