All Forum Posts by: Clay Rikard

I understand that partnership has pros and cons just like everything else. I enjoy doing things on my own, being responsible for my own profits and losses, also when I want to get out of a particular property I’d like to be able to get out without anyone else holding me back or keeping me in. Would it be best to finance property by myself with a low down payment loan or go in with someone else? Also I understand the down payment for a FHA loan is awesome but does does the insurance of the mortgage and other cost wind up making it a worse choice in the long run?

If you are using an FHA loan to get a cheaper down payment on a first home, unit, or anything how long does it have to be your primary residence before it becomes investment property alone? Time frame or a certain percentage paid or what?

Appreciate the response Jeremy! What do you mean by house hack a 3-4 unit?

I am 20 year old college student looking to get into rental property sometime soon. I’m sure some rules vary from state to state so I threw in the fact I’m from Louisiana. What would y’all recommend to a newbie with not a ton of capital. Thanks!

I am 20 year old college student looking to get into rental property sometime soon. I’m sure some rules vary from state to state so I threw in the fact I’m from Louisiana. What would y’all recommend to a newbie with not a ton of capital. Thanks!