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Updated about 4 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Cameron Li
  • New to Real Estate
  • Los Angeles
1
Votes |
7
Posts

House Hacking Analyzing

Cameron Li
  • New to Real Estate
  • Los Angeles
Posted

Hey Guys! I am an 18 year old who has been studying the aspects of House Hacking for months. I thought I was doing the analysis of investment properties right until I find out mortgage and rental income isn't everything to the calculations. I am saving up money for my future down payment for my potential investment property, however, I was wondering do I need to get pre-qualified first before analyzing any deals? Because I am skeptical of the PITI info on zillow, truila, and etc. I also don't know what my exact interest rate for my potential FHA loan will be and PMI and etc. So how do I analyze before getting pre-qualified by a lender with the exact appropriate numbers? Thanks!!

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