All Forum Posts by: Irving Gonzalez

Hello, 

I am looking for a person who can replace a back door and it's frame near the northwest side of Chicago? 

Any suggestions would be appreciated!

Thank you @Paul De Luca @Erik Estrada and @Koren Lavi for sharing what you all think. I'll definitely keep saving and see where I am in over a year. 

In the meantime, I'll learn more about the HELOC and home equity loans out there for when the time comes.

@Paul De Luca Why would you recommend a house hack vs an investment purchase? 

I owe $345,000. 

after paying the mortgage and all utilities I would cash flow $500/month. 

I am open to doing another house hack or purchasing a pure investment property and staying put in the first property. 

Hello, 

I am looking for advice on how I can leverage my first investment property (house hack), to help purchase a second property. I have reserves saved up for my first property. I am hoping to see how I can purchase another property without dipping into my personal funds. I just started to look at HELOC's, and don't think it'll be worth it to refinance because my low interest rate. So looking to see if any of you have had any luck in a similar situation or know of options out there that I don't know of. Any advice is helpful!

First property: 

Purchased: 2021

Interest: in the 2's

Purchase price: 375,000

Estimated value now: 430,000

If more information is missed or needed, I'll gladly share!

Thank you!