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All Forum Posts by: Leonardo Larraga

Leonardo Larraga has started 1 posts and replied 2 times.

House Hacking

Post: Current Market Investing Tips !

Leonardo LarragaPosted
  • Posts 2
  • Votes 0
Quote from @Nathan A.:

If you've talked to a lender and confirmed you don't have enough income to buy a multi-family in your market, I would think about buying a single-family and renting out rooms, or finding ways to increase your income.
 

Thank You , I will determine how much I have been approved for then I’ll go from there ! 
0 Votes
Rio Grande Valley, Texas
House Hacking

Post: Current Market Investing Tips !

Leonardo LarragaPosted
  • Posts 2
  • Votes 0

Hi ! 
I am new to the real estate investment space and would like some tips if possible ! My goal is to buy a fourplex and house hack . Do you find it viable in this market of very high prices ? Side note … I’ve been analyzing some deals but the barrier to entry seems really high even with house hacking . MFUs are selling from 350k to 550k which I’m afraid I won’t qualify for by myself (even though I have an excellent credit score) . I would love some feedback , let me know if I’m misunderstanding something or if I have the right mindset !! Thank you In advance !! 

0 Votes
Rio Grande Valley, Texas