New Rehabber in New England

[Tyler L.]

Hi Everyone,

I’d like to take a moment to introduce myself. My partner and I are Northeastern University students located in Boston and are looking to rehab properties in New England. We’ve been focusing our research on Nashua and Manchester, and to a lesser extent Providence, but are open to deals all over. 

We're in contact with two money lenders who would be open to lending up to $500k for the right deal. That said, we're currently looking for deals with an ARV of between $200-$250k without stroke-inducing renovations (no structural damage/foundation issues/former meth houses). We're open to these kinds of deals in the future (maybe not meth houses) but we both want to walk before we run.

We've both taken the semester off to work day jobs full time, him at a mutual fund and me at a software startup. We'll return to school in January, take the fall semester of next year off to work again (hopefully doing REI) and graduate in spring of 2020. I grew up surrounded by RE investors, agents, and flippers, accompanied them to work in high school, and now have spent about a year and a half lurking on this forum and listening to the BP podcast on a never ending loop, as well as reading about one REI book a week. I'd say it's about time to get started!