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Updated almost 2 years ago on . Most recent reply

User Stats

15
Posts
10
Votes
Damion Pryce
  • New to Real Estate
  • Los Angeles
10
Votes |
15
Posts

Newbie here…send help!!!

Damion Pryce
  • New to Real Estate
  • Los Angeles
Posted

Hello, my name is Damion. I’m really excited to start my real estate journey and I’m looking to connect with everyone!

I would appreciate and welcome your advice on where to start, hard money lenders, private lenders and all things necessary for a beginner like me 

Most Popular Reply

User Stats

482
Posts
766
Votes
Matthew Kwan
  • Lender
  • Seattle, WA
766
Votes |
482
Posts
Matthew Kwan
  • Lender
  • Seattle, WA
Replied

HI Damion, I would  suggest on house hacking a house, where you acquire a house and rent the other vacant rooms/units to offset your mortgage payment. Usually lenders will lend you 45%-50% of your gross income so hopefully that gives you a ballpark on where your monthly mortgage payment would be.

@Carlos Valencia @Albert Bui

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