All Forum Posts by: Kevin Johnson

Brandon L. I have none right now. I just purchased a triplex owner occupied but I want another in the future. Just trying to see my option

Jacob Thompson will getting a refi be harder than just saving the money and applying for conventional after my FHA I already have

Jacob Thompson thanks I will look into that, decision decision hmmmm...

Hey guys got a question, I have a 180k FHA loan 3.5%. I wanna get a 2nd property. Should pay extra on my mortgage to help build equity then refinance to a conventional loan and get another FHA loan 3 Down OR save the extra money I'm saving for a 1 1/2 year. So I can go for a conventional loan with 20% down with change I saved. I'm owner occupied Thanks A Million

Jacob Thompson I have a 180k fha loan 3.5%. When is it time to refinance for me. Can I just get conventional loan a year from now.

Dorothy Wulf I have a FHA LOAN. Brian Pleshek thanks ah million for the advice. I didn't know that you can get a better loan if it is a owner occupied. Im starting to save now, about 900-1k ah month. With the tenants covering the the mortgage and etc... I have more of my money to save up to use later. Thanks a Million I like how people answer back right away, this is like a small knit community here :)

Latrice Archer thanks I will definitely set that up. Im looking forward to meeting up

Thanks Federico Gutierrez Kevin Siedlecki for the advice I love seeing other people's analysis.

Hey You guys I new to this real estate thing. I have a triplex I just moved into, with two other tenants ; (househacking) right?. Anyways I was wondering if anybody know how can I get another property. What steps I need to take? The tenants cover my taxes, mortgage etc... I bought this place shy of 10k below the market price of a triplex in my area (Chicago Southside). So I know there's really no equity in it. But I'm rent free. I don't have a lot of cash at hand now but in a year I'm thinking have 10-15k saved up to have for 20% down for a fix & flip or fix & hold project. What you guys think ?

thanks

Hey Brian, It the South Shore Area. Green Bay st, last street off Lake Shore Drive.