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All Forum Posts by: Joe Gilroy

Joe Gilroy has started 25 posts and replied 75 times.

Post: How to find a SFR for sale in California that have a low Assumable mortgage ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17

How do I find Single family homes for sale in California that have a low interest assumable loan ?   

Thanks in advance !   

Post: House Hacking a Duplex or Triplex ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17

Thank you Tamera ! I am going with a FHA loan - the best way to go ! Is there a link for the Facebook Group you mentioned ?

Post: House Hacking a Duplex or Triplex ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17
Quote from @Tamera White:

Hi Joe
Definitely consider an FHA owner occupied loan where you only need to put 3-1/2% down!

Also, join the Facebook MTR rental group  "Grow and/or Start Your Mid-term Rental Business." Fabulous wealth of MTR information. Christian, the founder of the group is an EXPERT on MTRs and has many of them. 

I have close family in Castro Valley.  Great town.


Post: House Hacking a Duplex or Triplex ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17

Thank you James !

Post: House Hacking a Duplex or Triplex ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17
Quote from @James Wise:
Quote from @Joe Gilroy:

Hello BP ! I am planning to buy a duplex or triplex to house hack in and need some ideas on the location. I am considering the following areas mostly because of the low price points they offer. Toledo, Akron, Canton, and Youngstown Ohio. And also Pittsburgh Pa metro area. My price range is between $50k to $150k. I will live in one of the units. It can not be a fixer and must be move in ready or maybe it just needs a little paint because I am not that handy and I don’t want to mess with fixing stuff.

I am also thinking about furnishing one of the units and making it a medium term rental for travelling nurses. My question is which location is best and also if a property priced this low can it still qualify for a medium term rental ! If you have any advice or experience, I would appreciate the help. Thanks.


 I only recommend furnished rentals if you're going higher end. $50k price point for a furnished rental is gonna be a total disaster.


Post: House Hacking a Duplex or Triplex ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17

Thank you Sheena !   I appreciate your help !    Is there a map that shows where Perry and Plain school districts are ?      and what does LSD stand for ?   

Post: House Hacking a Duplex or Triplex ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17

Thank you Matt !   I am trying to stay in a good zip code !

Post: House Hacking a Duplex or Triplex ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17

Thank you Tyler for your advice !   I appreciate it !

Post: House Hacking a Duplex or Triplex ?

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17

Hello BP ! I am planning to buy a duplex or triplex to house hack in and need some ideas on the location. I am considering the following areas mostly because of the low price points they offer. Toledo, Akron, Canton, and Youngstown Ohio. And also Pittsburgh Pa metro area. My price range is between $50k to $150k. I will live in one of the units. It can not be a fixer and must be move in ready or maybe it just needs a little paint because I am not that handy and I don’t want to mess with fixing stuff.

I am also thinking about furnishing one of the units and making it a medium term rental for travelling nurses. My question is which location is best and also if a property priced this low can it still qualify for a medium term rental ! If you have any advice or experience, I would appreciate the help. Thanks.

Post: Looking to buy a newer fourplex like this one

Joe GilroyPosted
  • Rental Property Investor
  • Castro Valley, CA
  • Posts 81
  • Votes 17

@Scott Allen    Yes   - it should be easier to maintain a newer building and they look nicer too !