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All Forum Posts by: Alonso Fernandez Maldonado

Alonso Fernandez Maldonado has started 19 posts and replied 25 times.

Post: Writing offers on properties

Alonso Fernandez MaldonadoPosted
  • Wholesaler
  • Fort Collins, CO
  • Posts 25
  • Votes 1

I hear on podcasts that a lot of investors make offers on properties fairly often. I was wondering how you go about this? Do you have to be a real estate agent to write offers? This may be a really simple question but I'm a newbie and I'm don't understand how some people make a couple offers a week/month. 

Thanks!

Post: House hacking FHA loan question

Alonso Fernandez MaldonadoPosted
  • Wholesaler
  • Fort Collins, CO
  • Posts 25
  • Votes 1

so if I live in it for 12 months I can move out and rent the area I was living in and keep the FHA loan?

Post: BRRRR Refinance question

Alonso Fernandez MaldonadoPosted
  • Wholesaler
  • Fort Collins, CO
  • Posts 25
  • Votes 1

Could someone explain in detail how the refinance part of BRRRR works, please?

Thanks 

Post: House hacking FHA loan question

Alonso Fernandez MaldonadoPosted
  • Wholesaler
  • Fort Collins, CO
  • Posts 25
  • Votes 1

Hi guys,

I'm thinking that for my first investment property I want to do house hacking and finance with an FHA loan. I know that to get an FHA loan you have to live in that house. My question is, If I do house hacking with an FHA loan, how long do I have to live in the house? Can I live in the house for 6 months and then rent out the whole thing under the same loan? Would I have to do a refinance ?

Post: Important REI concepts for Beginners

Alonso Fernandez MaldonadoPosted
  • Wholesaler
  • Fort Collins, CO
  • Posts 25
  • Votes 1

Hi everyone, my name is Alonso and I'm brand new to the real estate investment world. I just finished reading "The Ultimate Beginners Guide to REI" book and it suggested getting familiar with important real estate investing concepts ie: 70% ARV rule. I was wondering if anyone can recommend somewhere to find all of these concepts for me to study, so I don't miss any important ones. If there isn't a specific place to find all of them, could someone list them and I'll do the research on what each one means?

Thank you, guys:)