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All Forum Posts by: Allan Pilapil

Allan Pilapil has started 27 posts and replied 69 times.

Post: Pre approved to buy 1st property

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

@Hobie Day thank you!! definitely going to have to join those meetups

It’s right behind Edison HS - I’ll be driving out next week to familiarize myself a little more with Stockton. That’s awesome The UoP area is really nice.

Sounds good I’ll be posting the rooms on FB marketplace and craigslist

Super excited for this whole process

Post: Pre approved to buy 1st property

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

@Hobie Day yeah it went by pretty quick! It was about a 2 month process. Purchased in Stockton CA! How did you find your tenants for your property?

Post: Pre approved to buy 1st property

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

@Hobie Day that’s awesome yes I agree. Closing this week now so looking forward to renting out the rooms. Right on man thank you!

Post: 1st property with FHA - whats next??

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

Hey everyone newbie here

I just bought my first property using an FHA loan with down payment assistance. I plan on buying another property within a year. Can I do a 1031 exchange into a fourplex with an FHA loan or should I refinance or take out a HELOC?

Or are there any other methods worth reading up on?

I genuinely appreciate the advice

Post: Pre approved to buy 1st property

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

@Dave Spooner I agree thank you!

Post: Pre approved to buy 1st property

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

@Patrick Pierre thank you!

Post: Pre approved to buy 1st property

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

@Wesley Owen

Thank you!

Post: Pre approved to buy 1st property

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

I just got pre approved to buy my first property and I’m looking in the Sacramento/Stockton CA area and I plan on house-hacking and renting out each room. Should I buy now or should I wait a year when things start to settle?

Post: Finally closed on our first multi family building!

Allan PilapilPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 72
  • Votes 30

@Derek Gibbs

Congratulations!!!!🙌🤝