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All Forum Posts by: Antonio Booker

Antonio Booker has started 3 posts and replied 9 times.

I have a fha loan on a 4 family, and a family member wants to let me assume the FHA mortgage on a single family they own. Am I able to do this?

I seen it on Facebook in my area wondered if it was truth to the post. Thanks for the info 

Here is an idea💡!!!

*Buy a 4 unit apartment building with 2 bd/1ba in each apartment.

*Use 1 apartment for your “Onsite live-in Manager”

~Manager payment would be include free room and board and $1500.00-$2,000.00/month bonus.

~Manager duties would be
~Oversee facility
~Prepare meals
~Observe residents take medication 2x daily
~Make sure all apartments are clean and safe
~Document Daily Activities

*Each resident has the potential to earn $1,100.00 per month. (2 residents per bdrm max)

Each apartment has the potential to earn $4,400.00.

$4,400.00 x 3 (apartment) = $13,200.00

$13,200.00 x 12 (months) = $158,400.00

Ex of Residents:

*Veterans *Mental Health *Felons
*Sex Offenders *CoEd *Seniors *Homeless

All you need is $500 down to save your spot for 3/14/2020

What do you need to know?

Post: New to the Cincinnati area

Antonio BookerPosted
  • Posts 14
  • Votes 4

Welcome to cincy. Good luck on your goals 

Post: Cincinnati Ohio newbie meetup?

Antonio BookerPosted
  • Posts 14
  • Votes 4

Interesting 

Sorry I thought I put that on there I’m from cincy Ohio. 

New to the forum, looking to network and find commercial multi unit deals. Looking forward to the journey.