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All Forum Posts by: Jack Storer

Jack Storer has started 1 posts and replied 2 times.

Post: Starting Out- Looking for Advice!

Jack StorerPosted
  • Posts 2
  • Votes 1
Originally posted by @Danielle Jackson:

Hi Jack. Welcome to the forum. When you say house hack are you looking for a duplex/multi family to house hack? If so, did the lender consider the income from the other units to get you qualified? If you still don't meet the income requirements, do you have anyone who would cosign for you to get you started? Once you achieve your income goals, you can refi them off the mortgage. 

Hey Danielle,

Yes. Im looking for a multi family in the Ithaca, NY area. The lender didn't consider income from other units, good point. I will look more into a cosign. Thank you !

Post: Starting Out- Looking for Advice!

Jack StorerPosted
  • Posts 2
  • Votes 1

Hey all, my name is Jack Storer. I'm in my mid 20s and I've been laser focused on this real-estate investing thing for a little while now. I currently rent and am looking to buy and house hack. Looking for advice on how to leverage what I am working with now.. I have money saved for a down payment, but cant seem to get much from a lender because I don't make enough income (obviously working on making more). I've listened to BP podcasts/read things geared toward someone in my situation, just thought I'd try here as well and see if I could get more perspective. Thanks!