Jim's first investment property
Hello everyone.
I am starting out on my journey and have identified my market I want to invest in. Last weeks Action plan was to contact property Managers and start building my Team.
I am currently in Germany as a DOD civilian, so the time difference creates some challanges to say the least. I only got 2 e-mails back from property Managers. So still working on that Team member.
This weeks goal is to get pre-qualified with a lender that has experience working with investment property. I was feeling quiet confident about this step, until the FHA announced those new investment loan guidelines. However, I am still moving forward.
Next week will be all about finding a realtor, and finalizing my descision on a property Manager.
I will let you know how it goes, and hope this post will be a resource for others, all advice and opinons are welcome.
Most Popular Reply
Welcome, Jim! I have an excellent lender that I use for FHA (I'll DM you info). Very swift process, amazing communication, etc. He can get you prequalified on the phone. I have places near Beaver Lake and Rogers thanks to their lending. Where are you looking to purchase in NWA?