All Forum Posts by: Tomas Nuno

@Kenneth McKeown thank you for the advice. 

When you say FHA guidelines/requirements for tri/quad plexes, what are you talking about?

@Eliott Elias I've just started looking this week but am gravitating towards Houston and Dallas. Any info you can share on either of those markets and their desirable areas would be greatly appreciated. Thank you!

Hey everybody, I am a new investor looking at potentially investing into the Houston/Dallas market. I currently live in San Francisco CA and prices here are a little out of my price range, therefore I am looking out of state. 

I want to house hack a duplex/triplex to begin my investing journey and have seen on the MLS that both Houston/Dallas have a good amount of multifamily units for sale. I'm writing this in hopes to connect with people in these two cities so if you have advice/knowledge please reach out. Thank you.

@Ryan Thomson Thank you for the advice! 

I appreciate the response @Osazee Edebiri,  

That would be great to hear your story and how you got started with house hacking. Several investors tell me it's a great way to start but I haven't connected with anybody that has personally house hacked. Let me know if you're willing to hop on a call or text, I look forward to connecting with you! 

@Ryan Thomson In your opinion what is the best way to apply? I am talking to multiple lenders at the moment that have been referred to me by realtors/investors. Is it best to choose one lender to apply with so I can get an idea of how much I could get loaned? Or would it be more beneficial to apply with multiple lenders? 

Thank you for the response! 

@Lawrence Potts I usually get my money wired directly to my bank account and do not pay taxes in the country I play in. The only paper trail I have is my contract that states how much I am getting paid each month. I thought that may be enough to show my income but a couple lenders have told me that without a W2 or some sort of paper trail I wouldn't qualify for an FHA loan. I have been wondering if I should file taxes in the U.S. or not, if you have any input on what would be best that would be very helpful. Thank you the response!

@Ryan Thomson yea that's what most lenders have been telling me so far. I have a family member that is willing to co sign but they are hesitant to get their credit pulled. Do you have a suggestion of how to go about applying for a loan when you are co signing with another person? Specifically for FHA loan? Thank you for the response!

Hey all, I am a new investor looking to house hack a property in the Oakland/San Leandro. I have reached out to a couple real estate agents so far but if you know an agent/lender that is familiar with house hacking that would be greatly appreciated. 

I have run into some early obstacles with the lenders I have talked with so far because my job is not a W2 job. I play professional basketball out of the country and don't receive pay stubs or any tax documents. I am determined to start investing now and am looking for creative ways for financing while still using the FHA loan and taking advantage of the low down payment. Would love to connect with anybody that may have some insight or seen a situation like mine.

Thank you in advance for reading my post and I look forward to hearing from you all. 
  

Looking to do rentals long term and mostly looking for SFH. Where in upstate SC do you have rentals? Yes, definitely looking to come visit the area when I have a chance.