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Updated almost 11 years ago on . Most recent reply
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New Member in Manchester NH
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"..........
Most Popular Reply
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Hello Robert Fontaine welcome to BP it's great to see other people from Manchester! I'm new to real estate investing but if there's anything you ever wanna bounce off me or talk about let me know, happy investing