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All Forum Posts by: Jessie Shaw

Jessie Shaw has started 2 posts and replied 2 times.

I'd love to learn how to do analysis on small multifamily properties that are owner occupied.  If you yourself are living in one unit,  I would think these "base hit" numbers,  12% CoCroi, $100/ unit rules of thumb would change, but how? With the rental calculator is there a way to compensate for your occupancy as owner?  I'd love to figure out a formula that better incorporates this owner occupied value.  Thoughts? Ideas? 

Post: Financing options for the unemployed

Jessie ShawPosted
  • Posts 2
  • Votes 0

There's so many options for people starting out with no or low credit. For those with no or low down payments.  What about someone with some experience in house hacking (just sold my first tri-plex), high (read: old lady, great) credit,  and a significant chunk of change to put down,  but not enough to purchase outright/ cash properties? Ive learned that house hacking is the only way to go. I have traveled the world,  and am relocating across the country to a market where I can create another great situation... but i don't have the revolving monthly income/ work history. Do I have to get a job just to obtain a loan for a property that can more than pay for itself?