All Forum Posts by: Amber Jamanka

I'm thinking about investing in Springfield too! Let's talk!

@William Bauman let’s hope we both get some good advice!!

Thanks!

Hello!

Just when I started planning to buy my first investment property, I got laid off from my job.  The good news is I got my real estate license and now I'm full-time in real estate and loving it!  The bad news is, apparently it will be at least two years before I can qualify for a mortgage because I'm an independent contractor and don't have a salary.  

I am so eager to get started, and really want to buy a rental investment property.  The ones I'm interested in go for about $300K for a triplex (or triple decker as we call them in MA.)  I have about 100K in savings which I can use as a down payment, or could use in some other way if it made sense.

I would love to hear your advice!!!  Should I just wait the two years, and grow my savings and education? Should I try to buy this year and get creative with the financing?? Should I use my current savings to invest in some other way?

What would you do???

Thanks in advance,

Amber

Hello!

I am a newly licensed Real Estate Agent from Cambridge, MA, and new to Bigger Pockets. I love all things related to real estate!!  I am currently focusing on rentals is Boston, Brookline, Cambridge, and Somerville.  I am also excited to get into sales and investing!  My goal is buy a triple decker in the Greater Boston Area, probably Worcester, and start getting rental income.  

I am very excited to be part of the community! I have a lot to learn and am happy to take all advice and make new connections!

Best,

Amber

I'm curious about them too! Just watched a BP video where they analyze one of their deals.

https://www.youtube.com/watch?v=3MS2B-vo3G8