All Forum Posts by: Brian Alvarado

@Shawn Mcenteer

Would I be able to do low money down conventional on a second home without having much equity in the first but showing income \cashflow?

I am buying my first property 3 family fha 3.5% down

Main reason I was looking for a 3 instead of a 2 is because my agent said I could get another 3.5 % down if me second home is a 2 family..

Has anyone ever heard of this or used this strategy?

@Joseph Cacciapaglia thanks

Federal reserve slashes interest rates to zero in massive emergency intervention for the us economy

How true is this ?

Is this for mortgages as well?

I am under contract to buy for April 18 I was gonna get a 2.750 rate could they change it ?

Should I come out my contract due to recession might happen and I could buy cheaper later?

Thanks any insight would be appreciated 😊

Closing date would be April 18 it’s a three family house I will be house hacking then when I move out it will cash flow.I am buying the house for what the seller is asking and about market price house hasn’t appraised yet

@Ron Singh I am under contract closing date would be April 19 ,am going to house hack a 3 fam.

Opinion on should I wait to prices drop? Thanks

@Matt R. Disneyland is already canceled my friend

So I’m am looking to purchase my first home fha 3.5% house hack live for a year and move on.

My agent said that if that is my plan I am better off getting a triplex because if then my second house is a duplex I could get a low down payment 3.5 to 5%

Thoughts??