All Forum Posts by: Peter Guerra

I just can't live with people ...need my own space bath, kitchen, and garage...well except my girl....but that's just me!~

Hopefully, they will be able to obtain a loan and pass inspections and appraisal requirements on the house hack

Does anyone know banks offering 1st position helocs on a purchase

The cash flow is a little skinny.......I bought this house with mother in Law for $125k  my payment are $850....hardly any work needed just basic paint and carpet I did add laminate flooring and a new water heater  ....bought it as an owner occupied  after I moved my payment were 850 piti the main house rents for $1375 the mother in law rents for $750...total of $2125 - today it apprised at 265k  got in with 5k and change seller paid a good chunk of closing cost  I manage it myself and payments are made direct deposit every month ....so overhead is very low .....cash-cow for a house with mother in law

I am in the same boat  >>> OK here is where I am at I have 5 properties inc my residence my whole goal was how to live for free. 2 of the properties in Salt Lake City I converted into duplexes and cash flow $1100 on one and $1000 on the other the other rentals are sfr's and cash flow 400 on each and the last property I occupy the payment on the house I occupy is $1000 and to make my long story short I have accomplished the way to live for free and have assets...I have 300k in equity ...so the question is where do I go from here and how should I do it thanks .

OK here is where I am at I have 5 properties inc my residence my whole goal was how to live for free. 2 of the properties  in Salt Lake City I converted into duplexes and cash flow $1100 on one and $1000 on the other the other rentals are sfr's and cash flow 400 on each and the last property I occupy  the payment on the house I occupy is $1000 and to make my long story short I have accomplished the way to live for free and have assets...I have 300k in equity ...so the question is where do I go from here and how should I do it thanks .