All Forum Posts by: Demon S Rogers

@Jonathan Rogers

Understandable, makes sense.

@Jonathan Rogers

I am currently investing in North Carolina around Raleigh and Fayetteville do you or have you invested in West NC at all? Has this been a good place for you? You seem to know the right questions to ask about living Lake side this is why I ask.

@Ion M. Cerga

Currently under contract for a house hack in North Carolina, Fayetteville

I'm currently reviewing loan options for my first investment purchase that Ill be using as a house hack.

Looking through documents for the loan estimate of 2.875 % and a TIP of 49.385% and APR is 3.265

If more information is needed ill provide it. I was just was wondering if this Total interest percentage was high, this is a VA loan.

Thank You

@Reinaldo Lopez great thanks I didn't think about being one for myself.

@John Morgan thanks for answering!

@John Morgan

The points makes sense. If had 2.75 on my primary I'd be happy with that that's why I thought it was Conventional.

@David M.

I understand that. But based on Morgan's post that is not the case? Or I can get a Conventional loan and not need to occupy it and it's traditional not a investment loan.... I would like clarity on the post more than my understanding because his interest was so low and he hasn't lived in them for that year that's usually required of a Conventional loan.. thanks

@John Morgan when you get loans for your other properties do you tell them they aren't owner occupied or they don't ask? Or are this investment loans? Which is why I ask because those are nice interest rates for investment properties. I wasn't sure how people do it. On anything other than a primary residence do people just get Conventional 30 year loans and don't ask don't tell about whether they live in them or not? Because I thought those types of loans were reserved for primary residence.. I'm just curious if how everyone is doing these loans. Thanks

@Delbert Standifer in addition I think you'd have to be pretty smart also to be able to save $45k that's awesome.