All Forum Posts by: Vanessa Carvajal

@Twana Rasoul I've read that multifamily homes up to four units qualify for FHA loans but i will look more into it to make sure.

Thanks! 

@Charles Carillo This will be my first time buying a property period. I do understand there are pros and cons to both but what will be my best option to buy my very first rental property.

Thank you!

I have been reading on house hacking and how to be able to buy it with different mortgage options. I read from different sources and here that the best option will be to buy it using an FHA loan. I talked to a realtor agent today about what I'm looking for and my plans on how to get them, I was told by my agent that an conventional loan will be better than an FHA loan. I am confused by this because many sources say that FHA will be best but I want to ask someone here because I want to make sure I am doing the right thing but also don't want to ignore an advise from someone who already works on real estate. Can someone please help me clear my doubts. Thank you!

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*This link comes directly from our calculators, based on information input by the member who posted.

Help please! Even when I thought this will be a good investment, according to my calculations and the calculator is not. I am always on the negative no matter what. Cab someone please help me.

Thanks,

Vanessa

@Jacob Sampson 

I see but what do I do meanwhile. I need to start generating passive income so when that opportunity comes then I have the money to invest in more properties. Any suggestions? 

Thanks, 

Vanessa 

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*This link comes directly from our calculators, based on information input by the member who posted. What am i doing wrong every property I have analyzed looks like a bad deal, it's always on the negative. Help please!

Florida. 

Hello everyone! I am new to bigger pockets and new to real estate investment. I am using the rental properties calculators to hep me analyze a good deal, but I don't seem to find any good deals at all. Am I doing something wrong. I have been using almost the same numbers Brandon uses for vacancy rate, management etc. but I do not seem to find any properties that give me at least $100 monthly cash flow or at least 10% cash on cash ROI no matter how many times I change the asking price of the properties I am analyzing. Can someone help me or give pointers or let me know what am I doing wrong?

Thank you!

Vanessa