All Forum Posts by: Vince Nguyen

Bonnie,  I'm currently trying to see how I can scale more with real estate without having to put a big chunk of cash and house hacking was something that sounded interesting.  In todays market it's hard to scale when you need to put 20-25% down with renovation.  Thanks for the response.

Hi Laura

Thanks for your response.  That makes a lot of sense.

Thanks for the info. 

Thanks Matthew.  What if my intentions were to move in but circumstances things change and I can not. Will I get in trouble. 

Hi Jaron. Thanks for the quick response. Are you talking about documentation on lease and insurance for my current primary home or for the new home. I wouldn't have it for my primary since I'm still living in there. 

Good morning BP. I have a question on house hacking.  I currently have a single family home as my primary and two investment properties. One sfh and one duplex.  I want to purchase a triplex that I saw for sale.  Would I be able to purchase that if I tell the lender I have the intent to live in there and be able to put down 5% and if so what do I need to tell them about the current primary. TIA

Vince

I have a situtation where the owner had paid off the house but owns 27K in back taxes and is afraid they are going to take it away from him and wants to sell it. How can I use creative finance from the seller so that I do not have to put down a large amount and through a bank. The property is worth around 170K and is old and outdated but has good bones still. I want to try to be able to BRRRR this as well. TIA

Thanks Nathan

I was just worried that it might come back.  Do you know if you need to disclose it to the new tenants.

Hello everyone

Happy new year.  I wanted to see what everyone thought about buying a property that had bed bugs.  The property has been heat treated and bed bugs had been removed.  Has anyone had any experience purchasing a property that had bed bugs. 

Thanks everyone for the response.  Can anyone recommend a LVP to install brand and minimum thickness.  I've read that you should avoid the $2 LVP and go with the higher end which I've seen is around 4.79 which can get expensive like wood.