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All Forum Posts by: Jornel Lugo

Jornel Lugo has started 8 posts and replied 13 times.

Post: New and eager to be investor out of Wpb florida

Jornel LugoPosted
  • West Palm Beach, FL
  • Posts 13
  • Votes 1
I'm jornel lugo , 21 years old and am looking for passive income to support my growing family of a wife and daughter . Im currently living in my moms house and working full time as a truck driver . I have about 20k saved now and am gonna be looking to buy a multi family home soon . For now just studying as much as I can .

Post: I maxed out my loans, almost!

Jornel LugoPosted
  • West Palm Beach, FL
  • Posts 13
  • Votes 1
Owner financing

Post: Should I use the $155k loan I'm approved for now or wait a year?

Jornel LugoPosted
  • West Palm Beach, FL
  • Posts 13
  • Votes 1
Im still new to all of this but if I'm not mistaken , can't you take into account the rental income you would be making from a multi family home and add that to your monthly income to qualify for a particular home ?