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All Forum Posts by: Juan Ruben Cortez

Juan Ruben Cortez has started 5 posts and replied 7 times.

Post: Assuming a VA Loan

Juan Ruben Cortez
Pro Member
Posted
  • Posts 7
  • Votes 4

Looking for more information in regard to assuming a VA Loan from someone. What type of transaction fees should I be looking to pay and is there a down payment required? If so, how is that determined? Any additional advice is helpful. Thanks in advance.

- Juan Cortez

Post: Section 8 Recommendation/Information

Juan Ruben Cortez
Pro Member
Posted
  • Posts 7
  • Votes 4

Hello,

I recently purchased a duplex in Tucson, AZ and I'm currently listing it for its availability. It's been mentioned to me during some discussions on receiving Section 8. I'm starting to do some research on it now but would really appreciate some advice/recommendation/information on whether it would be a beneficial route or if it's a good idea. Anything would be appreciated as I conduct this research on it. Thanks in advance.

- Juan

Post: Seller Financing tips/advice

Juan Ruben Cortez
Pro Member
Posted
  • Posts 7
  • Votes 4

Hello everyone. I am interested in utilizing seller financing as a way of getting a deal. Any tips or advice on how to negotiate this with a seller would be helpful. Thank you in advance.

- Juan CORTEZ

Post: looking for wholesaler

Juan Ruben Cortez
Pro Member
Posted
  • Posts 7
  • Votes 4

Are there any wholesalers in the Tucson area to chat with?

Post: InvestTucson May Meetup!

Juan Ruben Cortez
Pro Member
Posted
  • Posts 7
  • Votes 4

When is the next one? I missed this one.

Post: House Hacking as Active Duty Military

Juan Ruben Cortez
Pro Member
Posted
  • Posts 7
  • Votes 4

Thank you both for the advice. This has been very helpful.

Post: House Hacking as Active Duty Military

Juan Ruben Cortez
Pro Member
Posted
  • Posts 7
  • Votes 4

Good Afternoon, I am an Active Duty military member stationed in Tucson,AZ. I would like to utilize the FHA loan to secure my first house hack. I would like to purchase a duplex. I know I would have to live in the property for the first 12 months before I'm capable of renting out the half I am required to stay in. My question is if I am assigned to relocated due to military orders, will I be granted to rent out the property earlier than the 12 months if this situation happens? I have utilized my VA loan already on a single family home and don't intend to use it again until I am required to relocated and utilized it the second time. So will I be capable of utilizing the FHA loan and getting out the 12 months requirement if the situation arrives? Any advice is greatly appreciated. Thank you.