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All Forum Posts by: Edward Jackson

Edward Jackson has started 2 posts and replied 5 times.

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: Small Multi-Family (4 units)

Edward JacksonPosted
  • Houston, TX
  • Posts 5
  • Votes 1

Happy Monday everyone! I have a small multi family property under contract (4units). I'm a new investor and I'm having troubles on how to calculate the ARV for this bad boy. Any advice? Thanks in advance!

1 Vote
Starting Out

Post: House Hacking (Houston, Tx)

Edward JacksonPosted
  • Houston, TX
  • Posts 5
  • Votes 1

@Holly Kaufman thanks a lot Holly! Didn't think about this option. But I thought a known plan would be to refinance out of the FHA into a conventional loan after a few months or so??… Still learning about the different financing strategies that can be tailored to certain deals.

0 Votes
Starting Out

Post: House Hacking (Houston, Tx)

Edward JacksonPosted
  • Houston, TX
  • Posts 5
  • Votes 1

@Wesley I. Great advice! Appreciate it.

0 Votes
Starting Out

Post: House Hacking (Houston, Tx)

Edward JacksonPosted
  • Houston, TX
  • Posts 5
  • Votes 1

@Darrel Martin thanks. I will definitely be financing (FHA 203k) looking to find a property where I can add some instant equity. Any advice on this process?

0 Votes
Starting Out

Post: House Hacking (Houston, Tx)

Edward JacksonPosted
  • Houston, TX
  • Posts 5
  • Votes 1

Greetings and salutations everyone! I’m going into house hacking once my lease is up at the top of 2022 in the Houston market. Any pivotal advice I should consider?? Thanks in advance!

0 Votes