All Forum Posts by: Glenn Hinojosa

Thank you @Upen Patel ! I was thinking that same thing. Guess I will be looking at investing in another market more than 100 miles away. 

I currently own 2 properties. One is my primary residence SFH and another SFH in Arizona. I live in the Everett, Washington area and I’m thinking about buying a multifamily home to house hack. Do you think that is a good idea to to take advantage the of the 3.5% percent down payment through FHA. I talked to a FHA lender who said if you are vacating a property to buy a new one using FHA, the vacating property must be over 100 miles away or have 30% equity in it in order to use rental income to qualify. If it doenst meet either of those requirements, you will have to qualify with both payments. Is this statement true? Thank you all for any help.

I currently own 2 properties. One is my primary residence SFH and another SFH in Arizona. I live in the Everett, Washington area and I’m thinking about buying a multifamily home to house hack. Do you think that is a good idea to to take advantage the of the 3.5% percent down payment through FHA. I talked to a FHA lender who said if you are vacating a property to buy a new one using FHA, the vacating property must be over 100 miles away or have 30% equity in it in order to use rental income to qualify. If it doenst meet either of those requirements, you will have to qualify with both payments. Is this statement true? Thank you all for any help.

@Account Closed That sounds awesome but show me a legitimate cash on cash return in Everett and Im all in!!  

@David Clinton III Thank you I will definitely give you a call!

Good to meet you all. Glad to be here and look forward to connecting. Seems like a lot of interest in the Spokane area. I plan on making a trip over their soon to check out some neighborhoods. Anybody know of some up and coming parts of Spokane with some decent profit potential?

Hello all,

I am a 35-year-old married Father of two, new investor from Everett Washington looking for cash flowing properties in my local area (hard to find I know). 

I currently own two SFH's, one in Washington and one in Chandler, Arizona. The strategy I am looking for are a buy and hold or BRRRR type properties. I am new to Real Estate but look forward to educating myself and learning from Bigger Pockets forums as well as networking with all the great people here. My ultimate goal is to build 20+ properties that will help me build passive income. I have also thought about eastern Washington for future investments, I am looking around Spokane and the Tri-Cities area.

Thank you all and I look forward to connecting with you.

Glenn 

Great webinar! Look forward to many more!