All Forum Posts by: Dakota Harrold

@Twana Rasoul

I can definitely see the value and perks of the VA loan option. House hacking a plex just adds that extra kick to building your wealth at a more accelerated pace.

Thanks for your insight and the professional intro to some savvy investors doing similar things, much appreciated!

Cheers

@Jon Lallande

I just realized I left your @ out the mix talkin all that SD jazz... Good stuff and actually might be next week. I'll keep you informed for sure!

Cheers!

@David Pere

@Michael Mejia

I lived in Linda Vista for a year and fell in love with San Diego and the surrounding... Do you own there or do you own elsewhere?

@Michael Mejia

I believe @David Pere clarified in his second bullet point but again I feel I'm hearing that it all depends on lender and lease contract...

Cheers

@Jon Lallande

Great insight and thank you for the input! I wish I could only convince the wife to move so we could house hack Oceanside... Still working her 😉

I guess my continued question is what amount of landlord experience would be acceptable?!

Cheers!

@David Pere

Like your style! Cheers

@David Pere

Thank you for your insight! Do you know if property management assistance to my small time investor of a dad would qual?! I've never been licensed or anything... He owns 3 SFR in California and I've assisted when/where he's needed it.

Thanks in advance.

Cheers

@AJ Shepard

Solid and appreciate your advice and referral! I'll look into both!

Cheers

@Mathew Wray

Thanks for your insight! All great points. Something I didn't mention before, I've been furloughed since March which has been a major wrench in the gears of my income thus forcing me to adjust and find a way to have another ave of claimable income before I get back to work if I want to purchase over the next 3-6 months.

I think that with the addition of income from rental units will definitely help once I'm off furlough but am chomping at the bit to start earning equity... Any further advice is appreciated!

Cheers

I'm in a pricy market (Portland, OR) and considering a house hack option for a 234 plex on my first purchase. I'd be utilizing VA, zero down financing and understand you can claim rent on the units you don't occupy as income??! Anyone been successful with financing this way?

I'm also looking for do's and dont's, any insight or advice before I pull the trigger. I appreciate your feedback!