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Updated almost 11 years ago,

User Stats

4
Posts
3
Votes
Robert Fontaine
  • Investor
  • Candia, NH
3
Votes |
4
Posts

New Member in Manchester NH

Robert Fontaine
  • Investor
  • Candia, NH
Posted

Hello BiggerPockets !!!!!

I've owned a couple of personal residences and currently own 2 multi-family properties in Manchester NH, so I'm not new to real estate. I guess you might say I know enough to know I have a lot to learn.

Since I'm, ahem, middle aged, my goal is to acquire another 5 or 6 multi-family properties to provide income in my retirement years.

I enjoy cruising the MLS listings and running the multi-family listings through my spread sheet to see if they will cash flow and I keep a record of all sold deals so I can see how much other investors are paying for the properties I'm interested in, build a database, and watch the market trends.

My first 2 deals were conventional (20% down, 80% mortgage from a bank), but I'm intrigued by other methods of acquiring properties and I'd like to get one more property before the market turns up too much more but I don't have the capital (I'm in saving mode) to purchase it the conventional way.

Any ideas?

Thanks in advance for the warm welcome.

Bob

PS. I apologize for not having a picture to upload to my profile, but I seem to always be the one behind the camera instead of in front of it and I'm too old to do a "selfie"..........

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