All Forum Posts by: Aiden Hatchett

@David Y M.

Hey David thanks for your response man. This is great info that will be implemented today into my deal analysis. I heard turnover is pretty quick from a recent conversation with one of friends on my soccer team. And I am a first time home buyer so will definitely be checking out those programs. Thanks again.

@Ryan Wiedner

Thanks for the comment Ryan! That is really neat to hear what you have done, especially as I live right over there. A 3/2 into a 4/2 with the dining room is brilliant. Are you using long term tenants or short term like Air BnB for your rent by the room?

@Harrison Sharp

Thanks for the quick reply! I’m stoked to hear there are actual people successfully achieving house hacking in this market. Makes it just that much easier to pursue mindset wise.

Hey BP! 

I would love to know if there are any house hackers in the DFW market right now! If there are, I would love to get to know what strategy your using and if you have found success in doing so. Feel free to comment if you are an investor in the DFW market as well!

Thanks! - A.H

@Jason Wray Got ya! Finding a partnership would be a networking issue of mine and just need to connect more! :) thanks Jason

@Jason Wray thanks for the response Jason! This is for a residential owner occupied property.

Hey BP!

I am on the hunt for financing and I’m the early stages of talking to lenders. Found out that my income and taxes are the issue for my pre approval being complete. And I know all problems have solutions to them. I’m asking for what your solutions would be and what might you have done to get your pre approval?

A few options I found already that would be beneficial is owner financing, partnerships, and PMI. (Tried HML and because this will be my first deal, none were willing.)

@Matthew McNeil

Thanks for reply Matthew! What made it easy for you? And what would you do different if you were to start over again? (talking to lenders while self employed)

@Whitney Hutten

Thanks for the reply Whitney! I will be sure to take a closer look at commercial and portfolio lenders.

@Andrew Syrios

Hey Andrew! Thanks for the reply. I love that you and your dad work in real estate. I want to dig a little deeper about how the banks pay back a private lender. If I wanted to go that route, I would have a private lender loan to me for the purchase and rehab and then the bank would pay the private lender back. I would not refi and take out any cash from the property. Would this strategy be for a flip and sell?