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Updated about 1 month ago on . Most recent reply
A Decade in Lending - Now Investing for Myself
Hey everyone,
I'm excited to be here! I've been in the real estate lending industry for over a decade, helping investors secure funding for their deals. Now, I'm stepping into the investor role myself and looking to learn, grow, and connect with like-minded individuals.
I'm eager to share insights from my lending experience while also gaining knowledge from seasoned investors. Looking forward to great discussions and opportunities to collaborate!
How did you get started in real estate investing?
Most Popular Reply
Quote from @Twannisha Jackson:
Thank you! With your focus in using house hacking, Conventional or FHA loans would be your best options. Keep in mind, it would be in your best interest to go for as high as 4 units on each purchase to maximize your door count.
I've seen some people house hack a single family home by renting out the rooms, but keep in mind that traditional lenders would not be able to use the income from renting out the rooms (known as boarder income) towards additional income on the application.