All Forum Posts by: Hunter Lisk

Thank you all for your help!

 Would you advise paying for ads on social media as well?

where did you get your list and what software are you using to send the texts?

This post is a little more geared towards real estate agents. I am somewhat new, and everything I am reading is telling me to cold call so I am willing to give it a shot. Where do you recommend getting a list from?

Also if you have or still cold call, what is your success with it. Are the cost and time worth it? Plus any suggestions for a new agent would be much appreciated.

Ive been saving up my money and and was hoping to be able to find a multifamily this summer, but today I went and talked to a lender just to get some general information on loans (mind you the person I talked to wasn't a mortgage consultant so he couldn't tell me anything definitively), and after some discussion he told me that I probably wont be able to get a loan as I currently only make $20K a year.

This is where my questions come in. Is he correct in saying that because my debt to income ratio will suck? I have lead to believe that since I'm looking into multifamily (from a duplex up to a 4-plex) that the bank will look at It differently, as they should, because the other tenants will be paying for the expenses of the house. The guy that I talked to countered and said that probably wont be the case because renters aren't guaranteed.

Any help on this will be appreciated!!

@Will Fraser great response! Thank you so much

I was just wondering where you more seasoned investors would recommend finding a partner. I’m new to all this so I feel like I don’t have very much to bring to the partnership which will make it hard to find anyone

@Nathan G. Don’t be a ****** landloard and overcharge for everything. Every place I’ve rented I think the landloard made more money off of stealing my deposit than my rent

@Justin Woodworth

Well honestly to scale up as fast as possible but right now I’ve decided that in 5 months I’ll have $10,000 to put down on a duplex house hack, and see what happens from there

Hello I am very new to this, and I am looking into becoming an investor. I think getting a loan from a bank for my first property will be the easiest, but I am a little worried about getting the loan in the first place. My credit score is currently 690 and all I have at the moment is a credit card. Will I be able to get a loan from a bank or will they turn me down?