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Updated almost 3 years ago on . Most recent reply
New Investor: Introduction & Strategy
Hi everyone, --
My name is Max and novice investor in the Philadelphia region (suburbs included). I've realized that when I am with friends I tend to talk about real estate related topics so often that I need to find more like-minded people (to ensure I keep all of my friends haha).
To keep it short, I am looking to purchase a property in the next 4-6 months. I will be using the house-hacking strategy. I have decided to use an FHA (maybe 203k) loan and look for a 5+bed/3+bath property that can use some cosmetic repairs. My budget is about $375k. I am currently focused building out team and learning more from other BP members.
Outside of investing in real estate I'm a big sports enthusiast, travel junkie, & lover of pizza. Before you connect to talk sports w/ me you should know that I am a Philadelphia sports fan... so, you've been warned.
Looking forward to interacting with y'all in this community. Let's connect.
- Max Busca
PS. I have already bought an out of state property in Memphis Tennessee via Turnkey. I am thinking about using a 1031 exchange for this next purchase. Would like to tighten up my portfolio (closer to me personally... just for starting) and not in love with my first investment property choice.
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Most Popular Reply
![Eric Michiels's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1995604/1621517357-avatar-ericm741.jpg?twic=v1/output=image/crop=500x500@0x0/cover=128x128&v=2)
@Max Busca nice to meet you. I live in Denver and invest in Atlanta. It's a great market. I was in software development until 2020 and now I do real estate. I'm about to buy my 14th property next week. My plan is to do 20 in 2020. + A short term rental.
It's great to connect.
Eric