All Forum Posts by: Kraig A.

I will be paying down the note or writing a check for 18k, this with a refi would be for investor or 25% to rent it out and will allow me to use the FHA loan again on a Multi.

It is very very hard to get more than one FHA loan, some underwriters say it can't be done.

Zack thanks for the reply.

I'm really look at buying the Multi with FHA and moving to meet the requirements. I look at my house as a "liability". With a refi, renting it out and buy Multi(FHA), wouldn't I be living for free or less out of my pocket?

I lose my cash at this time, but gain better cash flow monthly. Correct me if I'm wrong.

Hi everyone,

I'm getting mixed reviews for what the best options are...

I have a 3/2 SFR with a FHA loan and looking to invest in another SFR or Multi.

My options are:

Pay down my SFR and refi with an "investor" loan, then buy a SFR or Multi with FHA again.

or

Buy a Multi with 25% down at 5%

I want to keep the most money in my pocket as possible. After saving for the last five years, I could do either.

I've searched, what would you recommend?

@nedcarey

@anthonygayden

Bob you have PM

Thanks both for your input.

I will keep searching and running the number.

Is it possible to be too picky for my first deal?

Hello Everyone,

First time post and first time investor...

I'm in the market for a triplex or quad in Phoenix, Mesa, Scottsdale, etc. Lets list the concerns at this time.

1. I can't find a unit that will cash flow at 50% or fits the 2% rule

2. GRM shows units overpriced.

3. All the units are on one master meter.

I'll time of 50 more once I hit post.

I've worked the last 4 years to get to here and now I'm unsure of everything.

What I do have:

Down Payment. Check.

Financing. Check. One lenders says 25% and another says 20%.???

PodCasts. Check.

Books. Check.

Background this will be an investment property as I have a primary, buy and hold, refi, buy again.

Anyone else at this same point?