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All Forum Posts by: Ali Hamdani

Ali Hamdani has started 2 posts and replied 2 times.

Hey, 

After a couple of months I finally got into a new construction house in Austin,TX. This house is beautiful and I look forward to living in it. The problem is the house costs a lot (56% Debt ratio),primary residence, and is projected to complete in febuary. I have a huge safety net and I want ot invest in some real estate. In the meanwhile I am interested in purchasing another brrrr property in either San antonio or Houston. My concern is whether buying an investment like this would disqualify me for the primary residence or push me too over the debt to income ratio.

Hey, I am looking to buy/build a new home in Austin to live in. I want to rent out the spare bedrooms in the house and I was wondering where I should best invest my money. I am looking to spend 400k on a house and I was wondering if I should spend it in either RR or leander. Leander seems to have nicer homes and access to the metro but RR is appreciating fast. I am putting 5% down so my monthly payments would be around 2k on a 400k home. If i have 4 bedrooms that means I can get 3 tenants. For a nice home in leander is it reasonable to charge 600-800 per room? How hard is it to find tenants to house hack? Any suggestions or tips?