All Forum Posts by: Latravis Brazil

Andy Robison I will basically be staying in there. I have to do training in our Alabama office. But I also travel so 2 to 3 days I will be there some weeks. Not trying to pull a fraud. But the system we live in is a fraud.

Yes my thing is that. If I acquire. I really don't have to rush to get someone into the house. Because I will keep my debt low. I work as an statistician/analysts on farmers financial plan so I guess that's why I have my frugal ways. Financial ratios on in my ball park. The way I see it is better than just going out to buy this vs being in the mall every week.

Nina Gibilaro hi Nina, well I don't have to particular go the section 8 route. Yes, I am familiar with the area. My sister stays like 3 miles from the location and my cousin stay a few blocks. I am harping on the idea of acquiring property of that sort vs buying a brand new car which is depreciable. The house really don't need much work. If any work my family does construction for a living. I am not interested in buying houses that need a major overhaul. If you guys want to see an example of a house. I can send a link of ones that are similar.

It's guardian loan who I am working with. Basically a credit union. What you think?

Jared R. Yes you are correct. I am going to double check. I will keep working hard and trying to save. I think the house I was looking at will be 3 beds and 1 1/2 baths. If the the mortgage guy will give me a loan for the 26k I can't beat that. Basically, I don't mind driving my little 95 truck around so I can use that money instead of a car note. I am from a rural town in Alabama so they have RD houses that goes for cheap also. Heck they even have mobile homes on section 8.

What about you. Do you have it written down?

Jared R. No plan but an idea. I am actually going to write it down. I want to own my first rental this year though. Can find it pretty challenging by myself but I will do it regardless.

Jared R. Oh yes that's the same thing I said. I am trying to get into it also. I just been reading and reading. It's better to have a decent section 8 than a decent renter who you have to chase down.

Jared R. Do you have properties in mobile?

He was like bring 2600 down with a ten year mortgage with 4% interest. Maybe I can get them to take the stips off since it is a Fannie Mae house. But it is worth a try.