All Forum Posts by: Nicholas L.

@Naydan Will do you have cash or savings?  Can you house hack with a duplex?

@EJ K. because it costs money, takes time, and is a huge hassle.  You want a mutually acceptable resolution to your situation that, if possible, doesn't involve a third party.  Maybe it's adjusting the date they pay on.  Maybe it's them leaving early without an eviction on their record and you finding another tenant.  If you exhaust these options you'll be into the legal system and the results may be unpredictable.

@Daniel Becerra can you start with a less expensive property?

@Kincaid Ryken "Quit Like a Millionaire" by Kristy Shen.  Anything by Michael Lewis.  Anything by Bethany McLean.  Anything by Kurt Eichenwald.

@Lisa Jones "flooded" seems very unlikely to me given the low inventory. 

@Dia Moore congrats on your upcoming move.  There's nothing wrong with renting in the short term - as you noted this will also allow you to really get to know one or more areas and better plan your house hack while you save up a down payment and reserves.  Even if you found a hard money loan or a hard money-like loan willing to lend, you would pay points to close and a lot of interest - which might even be more expensive than just renting.

I think @Neil Narayan and @Jon Schwartz are both right.  Are Florida and Texas growing like crazy?  Yep.  Are there still almost 40M people in CA and almost 20M in New York?  Yep.  I suppose we'll know a lot more when the official 2020 census numbers come out.

@Paul DeSilva worried?  Very.  Buying?  Yes.

@Nellie Bentz if you've had your mortgage long enough (usually 1-2 years depending on the company), you can request to take your taxes and insurance out of escrow and pay them yourself.  I do this on my primary, pay with a credit card, and get reward points for doing so.

@Reagan Huefner got it.  Is the estimated monthly rent based on actual comps as well?