All Forum Posts by: Jose J Nazario

Any tips on ways to finish a basement without spending to much?

@Matthew McNeil wow! That's pretty good. Is this what's left after paying the mortgage or are they paid off? I have two properties and have $0 cash flow. I have acquired some equity over the years. Looking to raise the rent soon.

The house was built in 2012 and I purchased the same year with a VA loan. I did move out of the house in May of 2016. It has about 60k$ of equity. I got for about 210k$ and its valued now at about 270k$. My mortgage payment is 1595$ and its rented for 1795$ but after expenses only 20$ left. 10% PM fee.

Investment Info:

Single-family residence buy & hold investment in Cibolo.

Purchase price: $208,000
Cash invested: $1,000

4 bed room, 2 car garage, 2850 sq feet

How did you find this deal and how did you negotiate it?

purchased as primary home at 3.75% interest for 30 years

How did you finance this deal?

3.75% for 30 years, VA loan

Hello, i'm new here and want to get more involved in rentals. Wanted to know if a lisense is needed to have and rent multiple properties?