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Updated over 8 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Preston Smith
  • Investor
  • Albuquerque, NM
1
Votes |
2
Posts

Semi-amatuer investor + Full time Job + Full time business owner

Preston Smith
  • Investor
  • Albuquerque, NM
Posted


Hi All!

My name is Preston, I'm a 31 year old from Albuquerque, NM. I have a full time job, my wife and I own 3 properties (1 currently for sale) and we also own and operate a full time business (restaurant).

I'm looking to learn more about Flips/Multi family homes. My family is currently living in a flip that we purchased with an FHA 203K loan. This was our 1st FHA 203k Loan, there were good parts (40K equity) and bad parts (contractor stealing 6K) but overall a good/fun process.

I hope to meet some great people, learn a lot and hopefully be of some help! =)

Most Popular Reply

User Stats

320
Posts
154
Votes
David Torres
  • Full Time Investor
  • Albuquerque, NM
154
Votes |
320
Posts
David Torres
  • Full Time Investor
  • Albuquerque, NM
Replied

Thanks for the mention @Sean Gover .  The other 2 meetups are:

Meetup.com/NMACRE

and

Meetup.com/ABQREIA or ABQREIA.com

@Preston Smithundefined  You are the second person I know who has done a 203K loan with difficulty dealing with the contractor. Would you do it again?

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