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All Forum Posts by: Silviano Olivares

Silviano Olivares has started 6 posts and replied 29 times.

Post: Recently bought manufactured home

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3

Hello I recently purchased a manufactured home with land it’s my primary residence. Just trying to figure out a strategy if I should I hold it and sell it in a few years or rent it out. I’d love to get into multi family investing. But I don’t know how to get started, how much money I would need? I’m a blue collar worker so I don’t have money laying around like many people with better paying jobs. Like I said before, I could hold to it for a few years then use the money and maybe come up with the rest then buy that multi family property I want. Maybe invest in condominiums? Thank you just looking for ideas. 

Post: Rent to own good or bad?

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3

I want to purchase a home I'm a first time buyer. Would it be a good idea to rent to own? Is this a good way to purchase a home? Thank you 

Post: Rent to own good or bad?

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3
Originally posted by @Christopher Phillips:

@Silviano Olivares

I agree with @Anthony Kelley that we're not sure what you're looking to do...

Are you thinking about buying something through rent to own or are you looking to put a renter in a property with a lease option?

Post: Rent to own good or bad?

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3

Would this be a good way to get started or bad??

Post: How to find partners

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3

How do you find the right people to help you invest? Can't do it alone, people think investing in real estate is bs. If you can't get family or friends into the game then what?

Post: First time buyer many questions

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3

Yes that's wonderful news, I think I'm just going to stick around for another month here were I'm at then start looking for a lender. Thank yo so much

Post: First time buyer many questions

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3
Originally posted by @Dan Mackin:

Your new job they usually will want 2 months of paystubs and proof of a good work history before that. If you were a student they will accept that too in most cases, but you'll need transcripts to prove it. The overtime they will take into calculation, but it may be spread out over the year. You really just need to talk to a lender to see what they'll do. Send me a message if you want a good one to call.

Post: First time buyer many questions

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3

Not sure what would be the best way to purchase a home. I have money for the down payment. I really want to get into multi family rentals and what not. But I'm just trying to get my foot in the door right now thanks.

Post: First time buyer many questions

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3
Originally posted by @Anthony Angotti:

HI @Silviano Olivares

How will you be purchasing this property? 

Will you owner occupy? There may be some programs that will help if you are going to house hack. 

Best,

Tony

Post: First time buyer many questions

Silviano OlivaresPosted
  • Imperial Beach, CA
  • Posts 29
  • Votes 3

Hello, I just moved to Colorado from California. How long do I need to be employed  at my new job? I make most of my money from over time will that work?? Thank you