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All Forum Posts by: Javier Barrera

Javier Barrera has started 1 posts and replied 3 times.

Starting Out

Post: When house hacking a multi-family

Javier BarreraPosted
  • Rental Property Investor
  • Posts 3
  • Votes 5

@Kendra Fowler

In Tyler Texas. 1.5 hours east of Dallas

1 Vote
Starting Out

Post: When house hacking a multi-family

Javier BarreraPosted
  • Rental Property Investor
  • Posts 3
  • Votes 5

@Andrew Mowe

It’s working for me. I bought a 2 unit property, mortgage is $830 and I rent it for $870. I’m planning on refinancing from 15 year to 30 year. Once I rent out the unit that I am living in, it should cover my next property with some cash left over.

4 Votes
Starting Out

Post: Just bought my first home. Do i pay it off ASAP or buy another

Javier BarreraPosted
  • Rental Property Investor
  • Posts 3
  • Votes 5

I just bought my first home (single family) for around 90k with a 15 year loan.  It is in great shape, and i can afford to pay it off In about 5 years.  My question is, should i pay it off as soon as possible or should i work on buying another home in a year, and have one up for rent pay for itself?

0 Votes