All Forum Posts by: Ashanta Kelly

@Amber Gonion Thank you! I was thinking th same thing as far as the rehabbing goes. I know many have said that it can be overwhelming when you’re new. Great advice, thanks again! 

@Jack Bobeck I agree 100% about San Marco and will take that into account now and look in areas that are fit to withstand disasters. Thank you for the advice and referrals! 

@Juan S.  Thank you! I will be looking into all of this. I’m sure I’ll be back with more questions. You were a great help, thanks. 

@Matt Berklacy I would like to be in the San Marco area but am not opposed to anywhere with a good deal. Thank you for all of your help. I will apply it and keep looking. 

Thanks Orlando! As a newbie, I’m looking to understand the best way to go about house hacking and then move onto the next property and create a consistent cash flow. Please share any advice or stories that could point me in the right direction. Thankyou!

In Jacksonville, Florida! 

Hello,

I am just getting started in Real Estate and am eager to buy my first property. I intend on buying a multi-family home and living in one of the units. I am currently working on my credit and saving money for a down payment. I plan on getting a FHA loan at 3.5%. I was wondering if anyone could give me some advice on certain things I should be looking for in the property. Should it be in great condition or should I go for something lower price that needs some rehabbing? How do I get extra money for the rehabbing? Also, after I develop cash flow from this property, how do I move onto the next property to make money?

Thanks!!!