All Forum Posts by: Ed Ibañez

@Jeff Brower When did you refinance? How many months after closing? How was that process? 

My wife and I just closed on our first house hack using a FHA 203K Loan. We want to refinance out of our high interest rate of 5.75%.

Thanks, Ed.

@Jason D. their are two reasons for the refinance: 

1. The interest rate. The loan is a fixed loan at 5.75%

2. We are in the process of converting the single family into 3 units. 

Any thoughts or recommendations? 

I purchased my first House Hack using an FHA 203k loan. In your experience, when should I refinance? Any things to consider?

Any advice? 

Thanks,

Ed

Hey BP Community,

My wife and I just acquired our first property to house hack. We are currently remodeling it. It will be 3 units. We will be managing it ourselves.

We wanted to seek advice and recommendations on the following list:

1. What bank do y’all recommend on using for business? Why? To set a checking and savings.

2. Lease agreements (what websites do y’all use for state specific forms)? What additional forms to do you include?

- smoking, pet, illegal criminal activity, etc. Forms.

Do you recommend seeing a lawyer for this? Why or why not? Any recommendation on a real estate lawyer in denver?

3. For taxes, what do you do? Do you do quick books and/ or do you recommend something else? Should I sit do with a CPA to help set this up? Any recommendations in Denver?

Thanks,

Ed

Hey BP Community,

My wife and I just acquired our first property to house hack. We are currently remodeling it. It will be 3 units. We will be managing it ourselves.

We wanted to seek advice and recommendations on the following list:

1. What bank do y’all recommend on using for business? Why? To set a checking and savings.

2. Lease agreements (what websites do y’all use for state specific forms)? What additional forms to do you include?

- smoking, pet, illegal criminal activity, etc. Forms.

Do you recommend seeing a lawyer for this? Why or why not? Any recommendation on a real estate lawyer in denver?

3. For taxes, what do you do? Do you do quick books and/ or do you recommend something else? Should I sit do with a CPA to help set this up? Any recommendations in Denver?

Thanks,

Ed