All Forum Posts by: Thomas Baylor

@Harjeet Bhatti thank you!

@Suzanne Sevier roughly 1400 a month.

I am thinking about purchasing my first property from my grandmother who is willing to do a gift of equity.

It does need a good bit of renovation as it was built in 1966. Roughly 30-40k. She owes 117k on the mortgage and the property is estimated at 215 ARV.

I guess what I am asking is, would this be a good buy? I am hoping it can cash flow a good amount each month. I am just confused about the loan process and the gift of equity.

What is the best way to get the ARV of a rehabbed property? I am trying to get estimates on a rehab but am trouble getting a contractor out to give me an estimate. What are some other ways to get an estimate bid on a rehab?

I would like to house hack a duplex or triplex for my first investment property. Has anyone done this with a bigger family? Has anyone come across a unit with 4 bedrooms on one side?

@Christopher Campbell thank you for the helpful information. This will be my first investment property so I would like to purchase a duplex that needs a little fixing up. I plan to house hack for about a year then buy another. I would love to connect.

@Collin Corrinton thank you for replying. I am looking for a duplex that I can house hack for about a year. I would like to cash flow at least 1700 once I move out.

@Charles Cooper I would love to connect. I am trying to buy a duplex and house hack to eventually have a cash flowing property.

I am looking to buy a duplex in San Antonio as my first investment property. I have a family of 6 and I am looking to house hack. What are some good areas in San Antonio for a family? North east? West? Any recommendations would be great.

How is the San Antonio market for multi families cash flowing? Looking to connect with investors in this area.