All Forum Posts by: Darian Sanayei

Currently buying. Just having to be more strategic on cashflow, and buying. Pretty tough market right now. 

@Lucas Laria I like not paying tax on capital gains, but people who have been in real estate for a long time, the main thing I hear is they wish they never sold any properties

@Mark Ito yes what @Brock Dowis said! We are trying to grown the Temecula meetup!

I'm trying to build a ADU in my backyard. I am doing owner builder so hiring subs for each job. I have been struggling finding fair priced reliable contractors in my area. If anyone knows a good go to in Temecula California. I am building ground up so any contractors that do framing, plumbing, electrical, roofing, etc. Helps!

Thank you

Murrieta Menifee Winchester Temecula Riverside

@Michael Shepherd I have a guy I found this year that seems good.

Send me a pm and I’ll give you his contact

@Brock Dowis im in!

@Brock Dowis is hosting a real estate meetup in Temecula end of this month. Come join!

@Ka Vang

Quote from @Jose Rocha:

@Darian Sanayei we currently do not have a FHA loan, so we still have the ability to use one. I do think we plan on using one as we can at least come up with a 5% down payment. We are about 70mi where we would like to purchase our secondary home.

I think the 100 mile distance rule is new for the FHA requirement. I would look into that if I were you

Quote from @Jose Rocha:

@Caroline Gerardo in our current home we have a conventional loan and will most likely be the case for the next one. I am not sure on the LVT at this moment of our current home. We are looking to move to Riverside County, specially Lake Elsinore, Menifee area. We both have good W2 jobs as she is a nurse and I am an engineer.

She was actually the one that told me we need a lease agreement setup to show the current home will no loner be our primary residence but we didn't know we needed a deposit from the tenant.

Generally you will need a lease and deposit (lender depending) for your departing residence. 

you can only use a FHA loan if you do not currently have one and the new primary residence is 100 miles or further away from departing residence. 

As long as your DTI is below 50% you can do 5% down with a primary conventional purchase if that makes the most sense for you guys.  

@Brad S. yes that’s what I normally do as well. When it’s comes back 3.7% for the previous year it threw me off a bit. Found out there are extra special assessment taxes as well as a additional lien on the property