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All Forum Posts by: Joel German

Joel German has started 2 posts and replied 7 times.

Post: House hacking in Atlanta GA

Joel GermanPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 9
  • Votes 5

@Twana Rasoul

Perfect, thats what I had in mind. I have a lender, just have to find an good agent now who has an idea of what im looking for as an investor

Post: House hacking in Atlanta GA

Joel GermanPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 9
  • Votes 5

@Troy Thompson

Thanks for the advice! I was looking into getting a duplex with a FHA loan at 3.5 percent down. Should I go ahead and start the pre-approval process? I've been on my job 1 year this month?

Post: House hacking in Atlanta GA

Joel GermanPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 9
  • Votes 5

Hello BP members!

I’ve been in Atlanta for 1 year and saved $9K so i can house hack. What areas should I look? Would 9K be enough for me to start in Atlanta? When should I get pre-approved, and start looking?

Post: House hacking in Atlanta

Joel GermanPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 9
  • Votes 5

@Danielle Thomas thanks for your reply Danielle! Good luck on your real estate journey.

Are there any certain areas you like in Atlanta? Im new to the city.

Post: House hacking in Atlanta

Joel GermanPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 9
  • Votes 5

@Bryant Baugh Thanks Bryant! Also, congrats on your closing, im excited for you! I’ve also thought about the 203K loan as well. I will keep that in mind when its time for me to buy.

Since i have about a year before im able to buy, is there anything you would recommend me do while i have some time on my hands?

Post: House hacking in Atlanta

Joel GermanPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 9
  • Votes 5

@Sheraton Jones thank you Sheraton! That’s exactly what I was looking for. Do you know if there’s anyway around that? If not, i’ll just have to stay at my job 2 years

Post: House hacking in Atlanta

Joel GermanPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 9
  • Votes 5

Hello!

Im interested in a duplex/triplex in the Atlanta area, but i have some questions if you all can help!

I just finished grad school, and I moved to Atlanta. Im currently renting an apartment, and my lease ends September 2020. I have about 10K in my savings, and plan to save more.

When should I start looking to make offers? I plan to start as soon as possible.

Is 10K enough to start? If not, how much more should I save?

With FHA, will I have to be at my current job 2 years, even if i just finished grad school, to qualify for FHA?

Thank you BP Members!