All Forum Posts by: Jason R. Besanceney

I am looking for wholesalers in the South East region, specifically the Atlanta Georgia area. I like the South as a whole so people in that greater region as well, I would love to see what properties you have to offer, thank you and take care!

Thank you all for the replies, looking forward to putting your recommendations into action, take care

Thank you Brian for this information, it has helped me greatly, best of luck to your investing endeavors!

Hi Bigger Pockets, I am a recent college graduate getting ready for my first house hack just trying to figure out a few things with the new job and I am already looking forward towards the future in how to save for my next deal. I have an agent where I am and so I am trying to figure out how to plan for my next property after my first household. I am hourly and think I am on track to make around 70k this year in California, I know that doesn't seem like all that much but most homes where I am are selling for around 300k so I feel like I am in a good spot to do a house hack. I wonder how many of you are sourcing deals out there today and where I should look to find those. Also, how are you all picking markets, what criteria are you looking for and where are you pulling this data? Also, do you all have any recommendations on how to make some extra cash, I work 6 days a week and they are long labor-intensive days so time is not on my side to earn some extra income just thought I would ask. to see what others are doing. I know this is all over the place but I look forward to reading the responses, thanks biggerpockets!

Thank you everybody for the responses and I will follow through with these suggestions, excited to look for my first deal!

How would you recommend someone learning about real estate to find deals that could have seller financing? As a college student, I have a capital problem, so if I wanted to get into the game, a seller finance deal could be one of the better ways. Any other capital-generating recommendations would be very appreciated as well.  I hope this makes sense, thank you

Thank you all for the clarrifications and I will carry this with me forward!

I have been learning a lot about house hacking and was wondering about when you go to qualify for a loan, say on a house that you are unable to purchase without house hacking, is the bank going to qualify you based on whether or not you can cover the entirety of the mortgage your self or will they take into account that you are going to have roommates help you pay down the loan. I was wondering how else these buyers are able to afford the monthly payment in my market with only 3-5% down. Your monthly payment really skyrockets. Any help would be appreciated, thank you guys.

Hi Jordan, the price point here on the central coast is a significant obstacle for many buyers but nothing that hasn't been overcome by someone else before. Consider bringing on a partner for your first deal. They could get a different skill set or knowledge base for your operation and business. Also, the house hack will be one of your best bets in a market like this, 25% down can be 250k which is crazy but means there is a strong desire to own here in this market. I just like you am looking to get my first deal so these are recommendations I have heard from listening to others and trying to grow my network. Reach out to me and maybe we can grab a meal and grow each other's knowledge, best of luck to you brother!

Thank you guys for the further input, I will go ahead and look into the strategies listed above and see what meets my goals, thank you for the input again, much appreciated.