All Forum Posts by: JC Leach

@Jonny Nila is house hacking an option in this property? If so, it could be worth going ahead with it if the rental value makes sense

That’s awesome news!!

Following this post cause I’m curious how it turns out. 

My gut says wholesaling it may be the only option but I’m also relatively new to this so I’d love to see some other creative minds. 

@Ben Einspahr I will never give up hope! haha

@Laura Johnson

Love it! House hacking is the best! Wish I could get my fam on board with it!

@Jai Reddy

I am heading out to finish up my due diligence in a couple weeks. My contingency is for 15 days so I'll be walking through the home with the inspector to find those items. If all goes well, then the options are a CC or HELOC. I'll be looking into both of those options.

I am actually starting medical school soon so we are relying on my wife’s job and our past savings for our properties.

Most comments have made it pretty clear, drying up reserves is risky. So I’ll either try to draw down the cost or pull the plug depending on the inspection. Thanks for reaching out!

@Steve K.

Wise words! Thanks Steve!

@Martin Neal

I think real estate in general makes me uncomfortable because I’m newer. So I’m trying to become comfortable with being uncomfortable while I’m getting these processes down.

@Nick Barlow that’s great advice. Thanks for adding your own experience to it. Makes a lot of sense that way. Thanks a bunch!

@Max Versteppen I could manage that. Some have said 6 months which would be real trouble