All Forum Posts by: Julio Ibarra

I’m 21 and I’m committed to learning more about the real estate industry as it’s something I see myself working in for the foreseeable future. Having said that, if there are any mortgage brokers, title companies, agents, or investors in Fort Worth,Tx that are looking for a hardworking individual to add to their team, I’d be more than willing to work for you!

The only prior experience in real estate have is partnering with my dad on 2 flips.

Please feel free to send me a PM!

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Fort Worth, Texas

Originally posted by @Joshua Janus:

If you can build up the 20-25% down payment, I would look into a DSCR loan. The requirements are way less stringent and allow a large amount of flexibility for the borrower.

thank you joshua! I will definitely look into learning more about DSCR loans.

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Originally posted by @Michael Dumler:

@Julio Ibarra do you have the opportunity to utilize a cosigner? The lender would account for their income and credit as well, therefore, authorizing pre-approval. If you come across a solid house hack property, you can structure the deal so that you are paying your cosigner a monhtly fee, consequently, this gives them an incentive to cosign the loan. Hope this helps!

Thank you for this very helpful insight! I will definitely look into finding a cosigner as I do know a few people that would be able to.

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HI all! I'm looking to purchase my first house hack soon after I finish my second flip here in DFW. I meet all of the requirements to qualify for a conventional/fha loan except for the good steady income as I'm currently working part-time and not making very much from the job. Is there any way to get a loan to surpass this hurdle and if so I'd love to connect with anyone that would be of aid.

Thanks in advance!

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@Wayne Brooks got it, thank you!

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Does anyone here know how to properly structure their LLC to get the most amount of business credit? I'm looking to get as much business credit as possible so I can utilize that to fund flips. Thank you in advance!

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All Forum Posts by: Julio Ibarra

Julio Ibarra has started 3 posts and replied 7 times.

Post: Looking to gain experience by working for a professional

Post: Looking to gain experience by working for a professional

Post: Looking to purchase first househack

Post: Looking to purchase first househack

Post: Looking to purchase first househack

Post: Business credit, do I even need it?

Post: Business credit, do I even need it?