All Forum Posts by: Gerard Gonzalez

BP

Looking into purchasing my first property. Househack status. It's a side by side duplex. My plan is to get into this property with no money down. Live in one unit rent out the other. Im using my VA loan benefits to do so.

       The house is in really good shape minus a shared driveway that may need to get done in the future. It is also priced reasonable to comps in the area. 

        The two units in the house are identical expect for the fact that the seller added an addition to the unit he was living in. It's not a huge addition but in disclosures it shows that the seller did not pull permits to add this addtion. The addition is pretty much completed at this time minus a little drywalling that needs to be done. 

         My question is should I still purchase this house at asking price? Or not at all? 

Ann,

        How was this seninar? Do you have any highlights you can share? 

thanks for all the warm welcomes guys!

Should've proof read before I posted lol. Anyway to edit so I don't look like a complete moron? 

Hello BP,

           My name is Gerard Gonzalez. I have thus much = 0 real estate experience. I do have some knowledge thanks to the BP podcast and some real estate books I've read. 

          I would like to get into buy and hold multi family house to create a profilie of passive income to get me right for retirement. I make pretty good money with my current job but I get slammed with taxes which is another reason why I'm looking to get into real estate. 

I am a AF veteran and I'm planning on using my VA loan to get me into a multifamily for a few years where I will owner ocupy the property. This MF will be my first investment.

         Excited to be part of the community. Thanks Brandon and Josh for hooking us up with such a great Avenue to begin our journeys. 

@James Did you ever go through with your purchase? I'm thinking of doing the something similar. I was told you have to bring something like 3% for closing cost.