Can you help me househack a multifamily?

Question

Any agents or investors in here familiar with the Austin Tx market?

Trying to househack a multifamily, stuck between Houston or Austin. I’m grateful for any input.

I’d prefer to assume another Veterans Loan, to avoid 7% interest rates. I’m a veteran as well.

I have cash as well!

Already approved for VA loan also! Let's work!

Courtney Mccrear · Answer

For sure!

Send me your info love to chat

Bryan Noth · Answer

Thanks @Lucia Rushton!

I would be happy to help share insight on the Austin market @Courtney Mccrear.  Assuming another VA loan is most restricted by finding another VA loan, and then getting a second lien or bringing cash to sort out any price discrepancy for the seller.  VA loans do not have the self sufficiency requirement FHA does which opens up options significantly as long as DTI ratios pencil for the lender.   The MF house hack with the VA loan is an incredibly powerful tool for jump starting investing, love the strategy.

Lucia Rushton · Answer

@Courtney Mccrear @Bryan Noth would you like to chime in ? He is my go-to in Austin for sure !

Trevor Schmitt · Answer

Have you identified any potential deals that you could move forward with in either market? Curious to see what those properties/numbers are looking like in those markets.

Kudos to you for looking for a househack, that is how I got started in my investing journey as well! Currently trying to convince my girlfriend (we own a home together, and have a 5 month old son 😀) to househack one more time before we move into a larger home to raise our family in!

Zachary Ware · Answer

I would recommend Dereck Buckler at Urban Heights Realty.  He's very knowledgeable in the area! PM and I would be happy to connect you.

Goodluck!

Doug Spence · Answer

@Courtney Mccrear You should contact my buddy Diego Corzo. He's a great RE agent in the Austin area and he help people buy house hacks all the time. Happy to connect you guys if you want.

Good luck and keep us updated on your journey!

Can you help me househack a multifamily?

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