All Forum Posts by: Garrett Casteleyn

@Cohen Woster

Interesting, will definitely look into it. Do you know if the lending requirements are strict with this type of loan? For example, do they want too see two years of solid consistent income, high credit, etc. Or is it a more relaxed loan process in terms of navigating the requirements?

@Paul Stamm

Awesome thank you for the suggestion! I plan on hiring contractors to get repair work done. I’ve built quite a network in my area with some reputable hands.

Hello all,

I'm looking to invest in a Quadriplex in San Antonio Texas, but before I start my research, I wanted to ask those with more wisdom and knowledge on what the most cost efficient financing is for a first time investor. I definitely want to live in one of the units for at least a year and I don't want to invest in a bad area. My best bet is to find a distressed property in a good area and renovate it. Or is it? If so, would I be able to get a loan in addition to an FHA for renovations? Looking for any tips and suggestions I can find. Thank you!