All Forum Posts by: Antonio Hernandez

as investor a property is always an interest. Its all in the numbers as we both know. Any specific reason you're wanting to unload?

I've added in my leases that tenants must advise me of any overnight guest as the agreement was for only the tenant. also put in there that if guest stays over a certain number of nights they will need to submit and pay for a application and background check to qualify and increase rent. if its in the lease and they have someone else move in, it can be grounds from lease termination and eviction. Each state is different though.

@Jared Crouched

Hey Jared, Any luck with your property out here in Spring Valley Lake?

@Chad Bonney

Welcome to the area, yeah the meet up that Joshua had was great. Met some good people. Have you pulled the trigger on anything yet?

@Lawrence Tupai

Welcome to the area. Sorry didn’t have notifications on so didn’t realize people were still in the discussion. What brought you guys to this lovely piece of paradise?

@Ian Cosley were you able to find a good GC? If so how did everything go?

@Rena Nuneza I’ve lived in the Victorville area for some time and head down to Loma Linda from time to time. Not to bad of a drive if you’re just trying to invest in something cheaper than Loma Linda.

@Johnny Sung welcome to BP. I’m kind of starting out also up here in Victorville.

@Joshua Rodriguez count me in, I’ve lived up in the high desert since 2001 and in Victorville since 2007. Was just looking at trying to start a small group of likeminded individuals.

@Patrick Mulligan adding to @Cesar Castro if your first purchase was $281,500 that would have consumed about $70,375 of $121,087 normal VA benefits limits. That is considering your county isn't rated at a higher cost of living. In other words the generic limit of VA loans is $484,350 (if I'm not mistaken).

The loan for $281k consumed $70K, mean you have about $50k that you can still use, or another house under $200k. If you look for something higher that the $200k, you would have to come up with some cash out of pocket. Don't forget closing cost and funding fee unless you've received a disability rating from VA.

I just paid around closing cost of $15K for a purchase of $338k.