All Forum Posts by: Taylor Thompson

 You should check out Padsplit they are a company that manage co living properties. Also check out the co living group on Facebook you will have better luck their!

Hello everyone, I am currently in the process of buying my first house hack in Denver Colorado but wanting to figure out what I want to do more long term. I am figuring out how can I maximize my cash flow to the highest as I can and now thinking about investing out of state. This would be after I have 5 or so house hacks around Denver and I am only 19 years old so I have plenty of time to invest for appreciation but what would be my best choice here? Just invest in SFH in cheap good cash flowing markets or what other out of state methods are there? Thanks everyone 

Hello everyone, currently house hunting for my first house hack and plan on renting by the bedroom. I live in Longmont and want to stay close to there and have been looking a lot of houses around Denver and Thornton. Anyone have any experience investing there? Thanks

I am looking to get my first house hack within a few months from now and looking to see if I’m able to do 1% down payment because Denver is a expensive market. I know there downpayment assistance programs and plan on spending around $400-$500k on the house hack. Any feedback would be helpful thanks!

@Ben Rhodin how much do you think I should have in reserves? I plan on doing downpayment assistance and plan on buying my house hack around $400,000 but will only need 1% down which is going to be around $4,000. I also plan on having seller pay all closing cost so it will be less money out of pocket but not sure how much I need exactly to be safe. I was thinking around $15,000 would be safe but what do you think?

@Ben Rhodin One of my worries is that too many people are house hacking and have rentals so finding tenants could be hard because so many other people are doing it too

@Chris Freeburg awesome! Thanks man I really appreciate it

@Ben Rhodin thank you I appreciate this reply a lot! For my first house hack I plan on renting out all the rooms and split off the basement living room and live in there so all of the rooms can be rented out.

Hey everyone! The last year I've spent learning as much as I can about real estate and plan on getting my first rental within a year from now. I will have over $30,000 saved up by then but trying figure out what's the fastest way to get a 2nd property and get closer to financial independence. For my 2nd property I will be house hacking but for my first property I'm not sure which strategy to do. I live in Colorado which is a expensive market but my parents will also help co sign for a loan. I have a higher income so I'm not worried about getting the loan but should I also get a house hack for my first property? Or a mobile home or multi family or a BRRRR? My main goal is just financial independence as fast as possible and how to expand as fast as possible. Any comments would be very helpful, thank you!

Hello this question may have been asked before and may be obvious but why do most people refinance from a fha loan to a conventional? When I get my first property I’m going to be doing a 3.5% fha loan with down payment assistance but just confused on how the whole refinancing works. Thank you!!