Michael Elefante
Region: US
Sunday 12 January 2025 22:38:49 GMT
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Forrest Colby :
This is why first time homebuyers are struggling so much. All the homes are being turned into air bnb’s or bought and then rented back out
2025-01-13 18:47:44
77
Nick Stefan :
And those down payment % are seemingly low. Usually once you own one home the minimum down for investment properties are 20%
2025-01-13 23:33:25
1
Local Gems :
Nice job!
2025-07-14 02:58:27
0
Dnxd :
Can i dm you so that you can break this down a bit more for me? If yes that would be awesome!
2025-01-19 23:22:33
0
Beautyfull Sinn :
Thank you so much for sharing that information so valuable
2025-01-17 16:20:55
0
SGT_Scrum :
Couple people do this and boom just like that housing prices for everyone increases
2025-01-13 22:33:14
1
Andy Morris :
Her income? What does that mean 🤔
2025-01-14 00:09:47
14
user8894879706725 :
Too bad the rent you receive won’t even cover your mortgage now with 7% rates
2025-01-14 02:23:46
12
Richard Advani :
Great strategy. Only difference is as mentioned you can put 3% down on conventional. You don't need to put 3 1/2% down on FHA and Carry the high FHA mortgage insurance
2025-01-13 03:48:25
16
mwilhelm_10 :
STR
2025-01-16 19:02:39
1
Tim Holevoet :
FHA loans need to be owner occupied don’t they? When you convert it to Airbnb are you refinancing it too?
2025-01-14 04:52:47
2
Logan :
Great idea unrealistic for 95% of people unless one person makes like 80k a year you’d get approved for like a 280k house maybe
2025-01-13 21:44:45
26
Vic :
I thought it was 1 FHA per married couple ??
2025-01-14 13:17:10
0
Mandy :
Thats how my parents did it, they lived off my mom’s income because she made more and saved up my dads income, they just never bought property in the US which was their mistake…
2025-01-13 21:00:16
0
Alex :
Unrealistic and going into too much debt for that. If someone wants to be a millionaire slow and steady wins the race. Pay off debts and invest into low risk investments for retirement
2025-01-14 22:24:27
1
BigO :
Is it different in every state ?
2025-01-13 22:26:19
4
Free🇵🇸🇵🇸 :
What if you bought house in LA and burnt down
2025-01-13 03:44:09
0
Chase :
Can’t even get past step 1
2025-01-16 20:51:50
1
Angat Pinoy :
It’s not easy but doable if you have good income coz loans are based on affordability level
2025-01-22 18:15:41
0
EZ.Thrift :
The cool thing w this is it’s exponential, you can go from 1-2 houses up to 4 to 6 to 10 once it gets going
2025-01-14 02:34:42
4
Camille Viau :
yes yes yes that’s the plan
2025-01-15 17:44:15
0
dhcuhshbbfb :
Yeah lemme just pull over $3,000 a month out of my pocket for the mortgage😂
2025-01-13 00:46:09
1
Fayeded :
Don’t use FHA unless you’re irresponsible and have bad credit. You can put down 3% on a conventional loan
2025-01-13 03:25:10
6
Chrisrtaylor66 :
How exact did your dti qualify through this?
2025-01-16 22:45:23
2
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