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Updated almost 10 years ago on . Most recent reply
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Westfield, Massachusetts - Newbie
Hello everyone!
I am a newbie from Westfield, Massachusetts. I bought my first multifamily 6 months ago. It's a beautiful $225k, 2 family, that's within a 5 minute walk of the city center. I bought it on a 30 year, FHA.
I also work about 60-78 hours a week over nights, so my time is very limited for seeing and fixing new properties.
I've been a member on the site for a while, but haven't had the drive to start participating until now. I discovered BP from their podcasts over a year ago while trying to learn more about rental properties. I very quickly saw that they were entertaining, and the information was great. So I about openly admitting now, that when I become financially secure and a large success. It will be solely in part of BP.
So right now I own 1 2-family. I've recently started looking for my next, which I plan to buy in the next 6-12 months. I'm looking to obtain my next 2 with FHA and everything else after that using some sort of creative finance. I love the idea of subject-to and seller finance. I'm hoping to move up into the large apartment complex properties in about 5 years, or sooner if possible.
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Alright I'll have to look into that, I won't be able to go to any during the week. So BP will be my saving grace for networking, at least for the time being. I did like episode 43! At the time I was still in my learning what things ment, and trying to figure out the basics of education stage. I've just started relistening to it, and now I'm (a little) more experinced I'm take much more out of it. Thank you