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All Forum Posts by: Hector Alvarez

Hector Alvarez has started 2 posts and replied 5 times.

Post: Mortgage Broker - First time

Hector AlvarezPosted
  • Posts 5
  • Votes 0

Is there a sense of leniency on how your credit score will be affected as a result of having multiple applications submitted for a conventional home loan? 

Post: Mortgage Broker - First time

Hector AlvarezPosted
  • Posts 5
  • Votes 0

By calling them, you are referring to submitting pre-qualification applications with these banks? 

Post: Mortgage Broker - First time

Hector AlvarezPosted
  • Posts 5
  • Votes 0

Planning to buy a first home, should I start with contracting a Mortgage Broker? Unsure if this is something I should do, or work to do the legwork on my own. 

Post: House Hacking - Rookie

Hector AlvarezPosted
  • Posts 5
  • Votes 0

I am in the Richmond, VA market.

Thank you for all the advice, I really do appreciate it. 

Post: House Hacking - Rookie

Hector AlvarezPosted
  • Posts 5
  • Votes 0

I’m new to real estate investing and ideally, I want to invest in a property with the intention to generate cash flow while I live in the property along with other tenants. My plan is to find a property this summer, so I do have some time.  In my location, units are a lot more expensive to purchase but the benefit is that rent for different units are also high. I am having trouble analyzing different units, and was wondering if any of you have any advice?