Thoughts on the Framingham, Massachusetts market

[Zachary Hadjah]

I've been looking into real estate for quite some time now. Now that I've graduated and am on the job hunt for software development jobs, I'm looking to get out of student loan debt and get into the RE market at least somewhere around my hometown of Framingham, MA. I've lived here all my life but since there are tons of experts here, you guys may have some insight into things that I don't. With that being said, Just wanted to inquire about some of the basics trends of the Framingham market, criteria folks look for, articles, blogs, REI groups dedicated to the Metrowest area, etc. Would you consider lease options for single-family houses? I've been looking into lease option rent to own deals and they seem like the way I would love to go in order to keep a good cash flow throughout the time in which I would hold a property. Would love to connect with investors, realtors, and anyone else experienced in this area.

Thanks!

[Michael Archard]

@Zachary Hadjah 

The path I took out of college got me out of my student loans and put me in good shape to do more real estate deals. I house hacked a 2-family with a 3.5% money down FHA owner-occupy loan and covered my mortgage, reserves and some left over. I rented 3 bedroom's in my 4 bed unit and rented the entire other unit. It's all about being fair on the rents and doing a very good job screening tenants. Framingham has a strong rental market but with very few houses on the market right now it may take a while to find something that works with your budget. Lease options are likely better after you have some deals under your belt in my opinion. Good luck with your journey and feel free to reach out if you have any specific questions.