All Forum Posts by: Isaac Oakeson

@Stephanie Irto I think they're giving exactly what you're mentioned now that I look at it. It's not really what I'm wanting.

I have a duplex with about 200k in equity that I want to use to finance my next purchase. Quicken Loans has called me and can finance 70% loan to value or about 280k on a mortgage to buy another investment. Has anyone had experience with Quicken for this type of deal? What other deals might be out there to finance anothee duplex to four plex using my exisit place? I figure I could sale it and get a duplex or use a heloc to get into another duplex and have all rents go to paying off the loans. Thanks!

@Sam Newell My current duplex is in the Holiday area.  It's been a great place to rent (rents are higher there).  I would love the Lehi/Bluffdale area as well.  I recently moved out of South Jordan area so I know the growth out there is exploding.  House hacking sounds like a great way to get passive income rolling.  I'd totally do more owner occupied places but...well, my wife isn't on board with that.  :)

Ok, first off I love the Utah Jazz.  next to that I love the rental property scene.  I currently own one duplex in a highly desirable area.  The only real way I got into it was because I owner occupied it.  Needless to say I have a brother that has over 15 units and I'm just starting out.

I'd love to get into fourplexes.  That's my next goal.  Anyway I've been managing my own duplex since 2008 and can't wait to get another deal going when I can figure out my finance situation.  That's me in a nutshell.