All Forum Posts by: Manny Apodaca

I appreciate the insight Janet, thank you!

I was put on a quick claim deed to my parents home. It is paid for and had no financial obligations or tax benefits. 

Would being on the deed in California prevent me from claiming as a 1st time home buyer to financial aid programs?

Would being on the deed effect my eligibility to apply to 1st time home buyer programs?

Thank you, I appreciate the help!

Awesome information, definitely helps, good points.

Thank you John and Sarita!

Buying a condo in Southern California as a primary home, long term, house hack, BRRR, 1ST time, investment....

1. What are possible pro/con of using/not using a real estate agent to close 1st deal? 

2. Pro/con of using seller's real estate agent instead of your own, to close 1st deal?

3. Can a real estate lawyer be enough to close 1st deal?

4. Any and All advice for a 1st time primary home investor?

Please and thank you!!!

Thank you Rachel, very kind of you to respond. Good points!

on a side note. How is investing in San Antonio? I've done a little bit of research, not enough to make a decision yet... but am drawn to SA.

Thanks again!

Hello!

I'd appreciate any insight, please and thank you!

1st time home buyer in So. Cal. Looking to buy a manufactured  home or condo, in the area from oxnard to canoga park. I plan to live in unit and house hack (1 of 2bedrooms) Im leaning toward manufactured home for these specific reasons...

Pros: 1/2 as expensive as a condo

Twice the space of a condo

Lower/same monthly mortgage

Cons: Not owning the land. Lot fees are about double of condo HOA fees.

Possible restrictions of renting out after I no longer live there.

Example: I can get a 1or2 bedroom 1bath condo for +$350,000 HOA $500 month

OR 

2or3 bedroom, 2 bath MFH for -$300,000 $1200 lot fee month

Which would you choose and why?

Specific pros and cons to each condo and manufactured home investment. 

Thanks again.

Manny A.