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Updated almost 5 years ago,
Looking For Financing Guidance in PA
Good morning team -
I been diving into this new world of the Bearded Tall Man Brandon.. Lol
I Really like his style and what he has made me look into... Passive Income...
I have always been a numbers man working in the financing world.. Like all thing comes to an end so did that field! Than while running through my compensation package. I discovered YouTube University... I enlisted and engulfed myself in Real Estate.... You couldn't really do that working in finance(They made me expire my Real Estate License)... so I created a 18month plan that should hopefully net me between
5 - 10k a month net...
I was able to purchase my first Property in PA Dec 2019, its a 5 Unit that I'm almost done fixing.. I have one tenant.
I was in contract for another property, but the financing didn't make sense. To put down 25% on a Property under $140k and the income that would be made is about $1200.00 didn't make sense to me, so I dropped that deal.
I'm currently in contract on a building that the City owns that I will convert back to a four unit needing about $20k in rehab and about $100K to purchase.
Does anyone know a decent Company that offers 90/90 Loans?
Thank you...