New member from Brooklyn, NY

[Eugene Lokshin]

Hello BP Community. I am 24 years old & work as a customer service supervisor at a call center ( National Debt Relief ). My current experience in minimal, what I do have is passion and a desire for investment and financial IQ. My goal is to live my dream and have my money work for me. For the past 6 months I have been reading and doing as much research as possible to start investing in the market. I am trying to save up as much as I can over the next few months, so I can invest it.

Side note : I currently have 15k saved up & I would appreciate any tips on what I can do with that money to help grow it while I continue to save !

I am really excited to be a part of this community and lend a helping hand whenever I can.

Eugene

[Ceasar Rosas]

@Will Jo

The bank makes you sign paperwork saying that the home will be your primary residence, but to be honest I never had anyone check on me throughout the time I've been living there. Keep in mind trying to refinance after just one year may be an issue if you don't have 20% equity in the property. Some banks can do it for less, but the rules vary by bank and for multis it's a bit different than singles. Let's be clear, that is a question better answered by a mortgage professional. 

I hope that helps a bit. Feel free to reach out to me and check out the details below on our next mastermind/meetup. We'll be having a mortgage banker there specifically talking about FHA, VA, and conventional financing.

https://www.biggerpockets.com/forums/521/topics/322232-bronx-manhattan-queens-westchester-mastermind-meetup