All Forum Posts by: Antonio Sosa

@Antonio Sosa, You do realize you are on an INVESTMENT REAL ESTATE website. There is a huge difference between a Consumer of real estate and an INVESTOR of REAL ESTATE.

Your post is all about emotions, feelings, personal likes and nothing about investing, goals, objectives. I say if you're more interested in living for today and not really wanting to build wealth or become financially free then do whatever you heart desires.

Remember this: a house is not an investment if there is no objective to make money. Living in a SFH with no focus on reducing your expenses and/or increasing your income becomes a liability not an investment.

this is the kick in the but i was looking for. thank you!

0 Votes

Austin, Texas

We are still 1-2 years away from starting a family. My wife and I are pre approved for an FHA loan and want to buy a new build construction home that will be ready in 8-9 months. Base price is 500k with options about 550k. I know this is paying full retail and will appreciate slowly but will give us the greatest perceived happiness and fulfillment. The alternative is to delay more and get a good deal , a house we don't like but add value/ remodel which I would rather do separate from the house I'm living in. I'm looking for feedback , perspective and guidance.

1 Vote

Austin, Texas

Quote from @David Hickey:

Quote from @Antonio Sosa:

Hey guys im a newbie, and saving money to get into real estate flipping. I have a low 600's score and completing my second year of work history to qualify for a loan, i wanted to ask this comunity for some guidance. should i pay 1k to fix my credit with a credit repair company who may help me settle and pay off debt from my earlier 20's or save that cash and learn how to make more money and find a way to start flipping homes once my 2 years of work history are complete. Loan officers tell me that it’s vital for me to have a solid 2 years of continues work history for a loan. Should i be focusing on creative financing and not even worry about credit?

I would work on improving your credit score. It makes it a lot easier to qualify for financing and get better rates.

Thanks for the response! know any great credit repair companies?

0 Votes

Austin, Texas

Hey guys im a newbie, and saving money to get into real estate flipping. I have a low 600's score and completing my second year of work history to qualify for a loan, i wanted to ask this comunity for some guidance. should i pay 1k to fix my credit with a credit repair company who may help me settle and pay off debt from my earlier 20's or save that cash and learn how to make more money and find a way to start flipping homes once my 2 years of work history are complete. Loan officers tell me that its vital for me to have a solid 2 years of continues work history for a loan. Should i be focusing on creative financing and not even worry about credit?

1 Vote

Austin, Texas

All Forum Posts by: Antonio Sosa

Antonio Sosa has started 2 posts and replied 4 times.

Post: Nice house pre kids or more money?

Post: Nice house pre kids or more money?

Post: 50k for paying off collections? or Down payment on a Flip?

Post: 50k for paying off collections? or Down payment on a Flip?