Hello to the Louisville, KY Bigger Pockets crew! My name is Shawn Spellman. My wife and I are relocating from the Cincinnati/Newport area to Louisville. We currently rent but are planning to buy a SF that we want to turn into our first rental property after a year of residence. We don't know the area but my wife has accepted a position at Baptist East so that location might be a factor. I have many questions as a newbie and would appreciate any advice y'all feel like giving. 1) Does anyone have a good portfolio lender? I'd like to have the ability to finance a property that might be under the 50,000 dollar threshold that I keep seeming to run into with lenders. 2) Does anyone have a good realtor that works extensively with investors and will really understand what my wife and I are trying to accomplish? Looking for a relationship that leads to being able to "rinse and repeat" this process. Not interested in someone trying to fleece the rookie. 3) Any areas or zip codes to avoid no matter what? We want to be safe and for our future tenants to have a safe home but we are not turned off by neighborhoods with a rough exterior. Sorry about the long post. If you made it this far I thank you already. I'm looking for advice and the chance to build relationships. I hope to hear from some of y'all and hopefully be able to return the favor in the future. Thanks so much! Shawn Spellman

Louisville, Kentucky

1 Vote

10 Replies

Jump to Last Reply

First time buyer/wannabe investor

Most Popular Reply