All Forum Posts by: Account Closed

@Daniel Humphries Welcome to BP!! You are in my favorite market. Nice work!

Andrew

@Dawn Anastasi @Chris Clothier @Ed Lee @Ben Leybovich @Sharad M. @J Scott @Mike M and @Jay Hinrichs 

This might be 'sort of' off topic....but whenever I see a property anywhere near the 2%, it's usually attached to a bad market/poor area, high vacancy, and dismal job growth.

@Amanda Hoening 

Here you go. She is really great!

Lori Diebold

First Citizens

[email protected]

https://www.firstcitizens.com/

877-799-6915 Ext 2077

Hey @Nick Mullins 

Welcome to the community! I grew up in NH, and know ME well!

Have some fun here.

Andrew

@Michael Cutting - Welcome!

I have nothing to add, except: I grew in NH, my mom is from Melrose, and this was one of the funniest threads I've seen! Biggah Pockets!

Andrew

Hi @Daniel Michalik 

Awesome to have you here.

How many units are you looking at? 1-4 is considered single family, and 5+ is considered multi. And the loans are VERY different (conventional vs commercial). 

Andrew

@Cory E. 

That's great. You learned some good, 'inexpensive' lessons, and live to do another deal :) Awesome!

Definitely look for solid markets out of state. Great way to diversify, and learn a new market / model.

I have  great solo / self directed ira company referral if you'd like.

Andrew

@Amanda Hoening 

I've been told that 'conventional lenders' will always hold 1 'space or credit slot' for your primary residence. So if you qualify  for up to 10 investment properties, your are allowed one on top for you primary. I have a great lender in NC who would be happy to discuss with you. She's awesome!

Andrew

Hi @Jacqueline Brown 

One of the parts of BP is the interaction with like minded folks, with a common interest, and willing to share. It's awesome.

Have a blast.

@Brian Yoshimura 

I think the answer is 'it depends'...if you are trying to buy and hold, the market is pretty important. And what you want for a total return (blend of cash flow, appreciation/capital event, tax benefits, etc). Austin? Pretty expensive, and cash flow is min. Maybe Memphis? Atlanta is promising. Some markets in the midwest?  Just remember to check vacancy rates, unemployment and job growth.

Andrew