All Forum Posts by: Eric DeNardo

@Josival Junior, 

I would counter, see if they're open to negotiating, and if not, then walk away. Those are some crazy demands in this market. There's probably a better deal out there, especially without getting an inspection (a big red flag).. 

Hey @Joe Ferguson, 

Do you have any experience in development? It's a complex process and there are a lot of unknowns for a first time investor. I recommend the second deal - house hack the duplex. Live in one unit and rent out the other. Fix the unit you live in and when that's done, move into the other one and fix that unit. 

Hey @Liam Alvarez,

Welcome to BP! You have come to the right place to learn and take action on real estate investing! 

I use the STR strategy and I'm a realtor that helps other investors, would love to have a chat and learn more about your goals and how we can help.

@Cian DeBaldo,

Welcome to BP! You have come to the right place to learn and take action. What type of investing are you thinking of?

@Jacob Guttman,

It's a great idea. Do it and you will be able to grow wealth much more quickly than most. I'd get a house with multiple bedrooms (4-5) and you can live for free or even cashflow with the rent you'll receive. Then, if you can save enough, buy every year if you do it right. 

It depends on what the numbers look like. If you're saving money by doing that with cash flow from your property, then yes. Make sure and get a 1 year lease in place. You can use that income to reduce your DTI and be able to qualify for a higher mortgage, if necessary.

@Jung Lee, Welcome to the community! What are you thinking to get started in investing?

@Kala Samuel,

I may have a lender for you if you're still looking. Please reach out! Welcome to the community and glad you are getting started on your RE journey!

@Christian Pena,

Welcome to the community! House hacking is one of the best ways to get started in real estate! I house hack myself with Airbnb, so if you have any questions, please reach out!

Hey @Bobby Cofield,

Glad you made it to BP! I'm in Denver as well and always love to chat about RE and how we could help each other out. Let's grab a coffee sometime. I'll DM you!