All Forum Posts by: Pranav Chunduru

I’d be cautious buying too old of a house, as you mentioned maintenance costs can be higher. However, the location of some older houses can be better since a lot of newer developments tend to be on the outskirts/fringe areas. I like to draw the line at 1980 and newer, that tends to cut out major issues like cast iron plumbing, some electrical issues, and lead paint.

thank you!

0 Votes

Seattle, Washington

I am looking for lenders in my first House Hack. I want to know what the pros and cons are going to Fannie Mae for my loan vs the Private Lending route.

2 Votes

Seattle, Washington

I heard that it is better "dollar-for-dollar" value to buy older houses when looking to House Hack. I don't get this. The phrase "dollar for dollar" is a little confusing, and I don't know why one would prefer an older house. Wouldn't that mean more maintenance costs in the future? Especially if you are looking to rent out the house for a long period of time after you leave.

2 Votes

Seattle, Washington

Hello! I received a 6.6% interest rate. I am wondering if that's high given the current market. Good credit score, working at an entry-level software engineer at a FAANG company. Is this a competitive interest rate?

0 Votes

Seattle, Washington

All Forum Posts by: Pranav Chunduru

Pranav Chunduru has started 3 posts and replied 4 times.

Post: What is the value of buying older houses to House Hack?

Post: Fannie Mae/ Freddie Mac vs. Private Lending

Post: What is the value of buying older houses to House Hack?

Post: Received a 6.6% interest rate, wanted your analysis.