Ready to Get Started in Salt Lake City, Utah

[Andrew McFarlane]

Hey Everyone!

My name is Andrew McFarlane and I am a recent graduate with a bachelors degree in business management with emphases in both finance and marketing. I'm currently working as a financial analyst for a restaurant chain and have been enjoying the opportunities I've had to learn more about the industry; but, more so about financial modelling. 

For the last few months I have been starting my research and study of real estate in order to build a portfolio large enough to get out of the rat race and build up a business for future generations in my family. As of right now, since money is fairly tight, I've been looking to start with a duplex and move up from there. 

Looking forward to learning from everyone's insight on the forums and making connections!

Regards,

Andrew McFarlane

[Steven Bond]

There is also a pretty awesome loan program as a portfolio line with Mountain America Credit Union here in Utah. Non-owner occuppied loan with 90% LTV, 1.5% origination, little to no reserve requirements, 1-4 doors, max loan $417k, not conventional so will not affect your Fannie Mae limit of 10 loans and is a portfolio loan at approx 4.625%...NO MORTGAGE INSURANCE! Pretty sweet for a cash on cash return scenario.