All Forum Posts by: Carl Harris Jr

 Thanks for your response Andy! Wholesaling or flipping is something I've thought about and may consider if I do not qualify for the loan.

Hello,

I’m a fairly new investor in the Dallas, TX area. I’ve been house hacking a duplex for just at a year. This has worked well for me and I’m now looking to add more cash flow through more properties.

From telling people what I'm up to, I've come across 4 single families in St. Louis. The owner lives out of state and is motivated to sell the properties. I would be buying the properties with hard money. One concern I have is whether I will be able to refinance the homes into conventional loans. I already have an FHA on th duplex and would be adding 4 more loans. From my understanding, 2 years of landlord experience is generally required to count rental income. My wife and I both work, but I don't know if we would qualify on that income alone. I have started to look into commercial loans, but still need to do more research in that area.

I’m looking to connect with some agents or property managers in the area who may have more insight on the market. Any tips or advice is greatly appreciated!

Thanks!

Carl