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All Forum Posts by: Jason May

Jason May has started 11 posts and replied 25 times.

General Real Estate Investing

Post: Extra bedroom or bathroom?

Jason MayPosted
  • Franklin, KY
  • Posts 25
  • Votes 3

What is more desirable and improves cash flow more, an extra bedroom or bathroom. I’m looking at both a 2/2 and a 3/1 both in the same price range.

0 Votes
Starting Out

Post: FHA loan and collateral?

Jason MayPosted
  • Franklin, KY
  • Posts 25
  • Votes 3

Can collateral be used towards the down payment when using a FHA loan?

0 Votes
Starting Out

Post: So what's holding you back?

Jason MayPosted
  • Franklin, KY
  • Posts 25
  • Votes 3
Originally posted by @Frank Patalano:
Originally posted by @Jason May:

Missing student loan payments severely impacted my credit score. I am in the process of repairing that. Went from 492 to 620 in about 7 months. While I’m bringing that up I am also working on saving money to be used as a down payment on my first property.

 Sounds like you already have a plan to solve your problem.

Besides that you might be able to find a partner with good credit to cosign/partner on a deal.

 Is it common to get a partner if you plan to house hack?

0 Votes
Starting Out

Post: So what's holding you back?

Jason MayPosted
  • Franklin, KY
  • Posts 25
  • Votes 3

Missing student loan payments severely impacted my credit score. I am in the process of repairing that. Went from 492 to 620 in about 7 months. While I’m bringing that up I am also working on saving money to be used as a down payment on my first property.

0 Votes
Starting Out

Post: BP Conference worth it for new investor ?

Jason MayPosted
  • Franklin, KY
  • Posts 25
  • Votes 3

@Vernon Trice III I have been wondering the same thing. I only live about 45 mins from Nashville so that is making it more tempting for me.

2 Votes