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All Forum Posts by: Joseph V.

Joseph V. has started 6 posts and replied 10 times.

@Stephen Dispensa Wow that's great info, thank you for taking the time to provide all the details in that example. I will have to expand my horizons beyond just single family homes! 

@Kristina Kuba 

@Kristina Kuba  That is very helpful, thank you for taking the time to share! 

Thank you very much for your detailed response! The goal would be long term buy and hold and use the property strictly as a rental. Not interested in Airbnb or short term renting it.

For DSCR, what's the % down payment needed? To qualify, is there a certain amount of cashflow needed? For example, I've seen some properties renting for $1800 that i calculate a mortgage could be $1200. Is that good enough to qualify? Or would a larger down payment be needed to reduce the $1200 mortgage lower compared to the $1800 projected monthly rent?

Hi, I live in california and am looking for an investment property in clearwater florida. The budget is 250k...if there is a cash purchase i'm interested in that or doing a down payment and DSCR loan. Any advice on what I can get with that budget? Are there any properties right now below 250k? Interested in multifamily and single family housing...but open to condo, townhomes, etc with low HOA fees.

Curious what the pros and cons are of buying a home in Puerto Rico. A lot of americans seem to be interested in moving there because of Act 22. Home prices seem fair, but do higher property taxes make it worth it? Looking forward to hearing your thoughts

Post: Best loan options for self-employed?

Joseph V.Posted
  • texas
  • Posts 10
  • Votes 1

Best mortgage options for self-employed in california?

Post: What yearly income do you need to get started?

Joseph V.Posted
  • texas
  • Posts 10
  • Votes 1

For those looking to get started as soon as possible, what yearly income is typically needed to begin?

Post: Any good real estate investing books?

Joseph V.Posted
  • texas
  • Posts 10
  • Votes 1

Has anyone read any great books on real estate investing? What are your favorites?

I've been considering purchasing one rental property in california. I've heard some recommend buying several properties out of state for the price of one property in california? what are your thoughts? Which would you choose?