All Forum Posts by: Terence Crafton
Terence Crafton has started 4 posts and replied 16 times.
Quote from @Terence Crafton:
Quote from @Jake Andronico:
Lots of good advice here.
First and foremost - talk to a lender and see what you qualify for. Then go from there.
Duplexes are likely significantly cheaper in your area.
Best of luck to you!!
Thank you. All good advice including yours. I'm on it
Quote from @Jake Andronico:
Lots of good advice here.
First and foremost - talk to a lender and see what you qualify for. Then go from there.
Duplexes are likely significantly cheaper in your area.
Best of luck to you!!
Post: 1yr of renting vs becoming a multifamily unit investor
- Posts 17
- Votes 9
Quote from @K S.:
Maybe you know more than I do but you can't just purchase a 4 plex and then "cashflow". I think you're missing a step. If I were you, I would just invest in the stock market + your companies 401k matching program. Hit up those certifications and climb up the corporate latter. You'll retire by 40 for sure.
I'm 48. Just lost $$$ in stocks 2 weeks ago. Any other suggestions. Of course there's other steps in between purchasing and bankrolling profit. The point is to get started right? Started doing something. Please no disrespect intended but I only want help in real estate. Something I can see, something I have a hand in molding, beautifying.
I know by the title it's really a super no brainier!
I'm currently located in Texas about to relocate back to Kansas City Missouri 12/26/23.
I'm desperately wanting to house hack with a 4-plex but I'm not sure if I'm able to afford it or qualify. Thus the reason I feel I may have to rent for a year until I can make sure I'm in a better position to win.
I need help. I guess starting with finding out if I'm on track towards passive income. If not, then I'll need help to find a place for 12 months.
Any help or advice will be very much appreciated. Thank you for your time.
Post: 1yr of renting vs becoming a multifamily unit investor
- Posts 17
- Votes 9
I know by the title it's really a super no brainier!
I'm currently located in Texas about to relocate back to Kansas City Missouri 12/26/23.
I'm desperately wanting to house hack with a 4-plex but I'm not sure if I'm able to afford it or qualify. Thus the reason I feel I may have to rent for a year until I can make sure I'm in a better position to win.
I need help. I guess starting with finding out if I'm on track towards passive income. If not, then I'll need help to find a place for 12 months.
Any help or advice will be very much appreciated. Thank you for your time.
Good evening. I want to "house hack". I've listened for over 5yrs doubting.
Im currently in San Antonio Texas married staying in an apartment. Lease is up at the end of December and I'm straddling the fence on if I should move back home to Kansas City Missouri.
Im not in the position I thought I would be in when I moved down here. I no longer want to rent. I no longer want to listen to the podcast yet be afraid to step out and give it a real shot.
So in short Im determined to get started. Problem is how do I figure out which state/market is best for Me? How to start and what programs are available for Me to take advantage of. I would appreciate any and all help or info given.
Thank You for Your time. Terence