New Investor Seeking Partners

[Kay McLawrence]

Hi, I'm from New York and interested in buying and holding multifamily properties (primarily). I am currently self-employed, have a down payment to invest and good credit. I've been looking at areas like Newark, NJ and Philadelphia, PA , which I find attractive due to lower property prices and property taxes. I have also been looking into FHA properties so I can get great advantages as a first time homebuyer and owner-occupant.

Please feel free to reach out. I look forward to connecting! 

[Christina J.]

Welcome, Kay! Sounds like you have a solid plan for your real estate investment journey - love your plan to explore the FHA option. I don't have many REI regrets but if I started all over, I would house hack early and often.

If you haven't already, I would recommend finding a real estate agent that you trust, and also start talking to lenders (banks, mortgage brokers, credit unions, etc.) I'm not sure what your financing strategy is for your early phases, but it will save you time and money in the long run if you're familiar with all your options now. And be sure to check with folks other than your family banker (where you carry all your accounts) - you'd be surprised how much price / term shopping can save you on each deal.

Best of luck to you and I look forward to following your journey!