All Forum Posts by: Nate Doh

Hi, I'm looking for flippers in the Riverside area who would be interested in fixer uppers. Please contact for more info to see if any properties fit your criteria. Thank you!

Hi, I am in the process of buying a new home. But, it looks like the HVAC system is very old and will need to be replaced within the next year or so. It would cost me $7,000 out of pocket to replace it. I would ask the sellers for financial assistance for this repair, however, it appears that the sellers rejected the buyers that came before me because the previous buyers requested $6,000 for repairs. I want this house since it is in a good area, but is it worth purchasing if I know I will have to replace the HVAC system soon? Any advice would be appreciated, thank you.

@aaron 

@Aaron K. Yes, I almost forgot about PMI. Thank you!

@Brad Sneckner This was very helpful. I am currently trying to purchase a single-family home near Riverside for the exact reasons you mentioned! Thank you!

@Aaron K. From what it looks like, I would be losing a small amount of money each month which would still be cheaper than renting. If I were to move out and keep the rent-by-the-room model, I think I could cashflow a small amount. I am wondering if this is a wise purchase considering the state of the housing market and the prices they are currently at.

Hi, I'm looking to buy my first rental property in Riverside, CA. This is my first rental property that I plan to househack on an FHA loan. I will not buy anything over $450,000 and will rent out the extra rooms. Are there any precautions I should be aware of before purchasing? Any help at all would be appreciated.