All Forum Posts by: Tony Velez

@Steve Vaughan this is great advice! 

Thank you!

Tony V

@Maggie G.  

Why not rent out your home that you live in? Can you rent it out for more than your mortgage payment? Then get an FHA mortgage on a multi family with 3.5% down payment. (House hack) the tenants can pay all or most of your mortgage payment. Now you own two income producing properties. Just another option or tool in your toolbox as Brandon Turner would say. Good luck.

TonyV

Awesome information. Thank you guys!

Hi,

We own our primary home and a triplex. Our mortgage broker said in order for us to buy another property.... we would need 25% down. Plus 6 months cash reserve for our primary home and our triplex. Does this sound right? I'm reading all thses success stories with people owning lots of properties  I can't imagine having 6 months cash reserves per property. Please help me understand this  

Thank you

Tony V

Hi,

We own our primary home and a triplex. Our mortgage broker said in order for us to buy another property.... we would need 25% down. Plus 6 months cash reserve for our primary home and our triplex. Does this sound right? I'm reading all thses success stories with people owning lots of properties  I can't imagine having 6 months cash reserves per property. Please help me understand this  

Thank you

Tony V

I'm an hvac tech for 20 years. I work for a commercial hvac company. I do alot of side work. I carry an S1 contractors lic. Save money. Keep me in mind for your next projects. 

Thanks

Tony Velez

I'm an hvac tech for 20 years. I work for a commercial hvac company. I do alot of side work. S1 contractors lic.  Here is my contact information. Keep me in mind for your next projects. 

Thanks

Tony Velez

Hi,

We own 2 homes. Our primary home is an FHA loan. Our triplex is conventional. We are thinking of converting the fha loan to a conventional loan. Any suggesrions?

Thank you

Tony V

Yes we were planning on improving the lanscaping. We are in CT. Any advice from seasoned real estate investors on low maintance curb appeal lanscaping? 

Thanks

Tony

@Franklin Romine Thanks