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All Forum Posts by: Ashton Patel

Ashton Patel has started 6 posts and replied 10 times.

Post: FHA loan qualifications

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
How do I know if I qualify for an FHA loan? Here is the story. We bought a house in 2005 and I was the co-borrower with my spouse. We again bought another house in 2017 as a co-borrower. I never was the primary loan holder. Do I still qualify as a first time homeowner or on FHA loan? What are other ways I can buy a home only on my name? I'm confused. Please advise.

Post: Need a contractor in Anaheim, CA area

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
Looking for a contractor. Need to get a quote to convert garage into living space.

Post: Investor friendly lender in Connecticut

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
@Seth Williams No we just signed the contract to purchase a MF home. Need a lender.

Post: Investor friendly lender in Connecticut

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
Hello all. Looking for an Investor friendly lender in New Haven, Connecticut. Need one soon. Thanks in advance.

Post: Need a contractor in Orange County CA

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
We have a home in Orange County CA. Looking for a contractor to give us a quote to convert our garage into a living space to rent it out. The city of Anaheim has approved some kind of a law that allows for conversion. At least this is what I heard. Like Brian mentions that you should always get three quotes before making your decision who to hire. If any contractor that is interested please contact me. Thank you.

Post: Buy a home without inspecting......

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
@Frank Wong Thank u. I was thinking to fly over there to see prior to moving forward.

Post: Buy a home without inspecting......

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
Would you purchase a triplex home without first seeing the property? This is an out of state investment. I don't know what to do. Please let me know your thoughts.

Post: Is it worth pursuing this....

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
@Ned Carey Thank you. I kind of figured that too. I am not ready for that much work for a first investment.

Post: Is it worth pursuing this....

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
@Cassi Justiz Thank you for the reply. Ya I was wondering that too. Why only 25%.

Post: Is it worth pursuing this....

Ashton PatelPosted
  • Rental Property Investor
  • Bakersfield, CA
  • Posts 11
  • Votes 0
Hello, I'm a newbie to this REI. I found an apartments for sale for $285k for 32 units. It's very cheap, but the rent is not much. Expecting 12k per month according to the agent. This is a rehab project. Any idea how much it would cost to complete this project? Currently only 25% occupied. Please let me know what you all think. Thank you. Have a great day.