All Forum Posts by: Alex Gaeta

Here is a link to Sun Trust, I could not find a link to BB&T but it is an option I have been looking at too as a new graduate.

https://www.suntrust.com/home-mortgages/buying-a-home/mortgage-loan-types/doctor-loan-programs 

Hello. I am a complete newbie to real estate. I listen to Bigger Pockets podcasts everyday back and forth from work. I read richest man in Babylon and am half way through rich dad poor dad. I just purchased Brandon Turners book on real estate investing for beginners. Im really excited in starting my new investment path. I know there are many benefits to incorporating however I was not sure if I can start a LLC and then purchase a multifamily with a 3.5% loan and live in it. I thought if I incorporate that I would need to put 20% down? If that is the case can I buy a property at 3.5% FHA and then transfer it into my llc? Thanks

Hello my name is Alex and I am new to bigger pockets and new to real estate. It's been something I have thought about for many years but just never had a mentor to help with fear of the unknown I guess. Anyway I am a new professional who's just moved to Jupiter Fl and I am looking at, I guess what is called, a house hack? My wife and I are looking to get and live in a multifamily unit and rent out the other units. We are educating ourselfs about this process via bigger pockets YouTube videos and I picked up a couple books; Richest man in Babylon, Never split the difference, and was looking at getting Rich dad poor dad. I have finished Brandon Turners free book on real estate and could probably reread it as it was very helpful. I spoke with a financial advisor and I am putting about 20% of my income into a variety of accounts; 401k, Roth IRA, 529, and general savings. I would love to put 50% away but that will take some time. My goals at this point are to educate myself, pay debts and set aside 60k for an emergency fund and down payment on our first unit. However, I understand that I can pull 10k from my Roth IRA for a first home. This has me thinking about possibly jumping into real estate sooner than anticipated granted if I can find the right deal. Any words of advise? Thanks in advance.