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All Forum Posts by: Charles Murphy

Charles Murphy has started 1 posts and replied 4 times.

@Lior Rozhansky Thanks for reaching out! Big fan of Dot as well, but I do understand I have to be flexible. That's awesome to hear about your success so far as that is what I want to strive to do. I agree that I need to talk to a lender to see what is actually possible for me to start the process. That's my September goal so I can really start narrowing down what is possible for me to afford and start the process of offering. Thanks for your feedback! 

@Nick Riccio Thanks for the feedback! My goal is to do exactly what you have been doing, so I appreciate you reaching out. Based off research, I totally agree East Boston is probably not the way to go. I'm working on the budget now and researching other neighborhoods as well. I'll reach out when I get more of a budget down, as my biggest questions right now to regard financing and confirming what properties will allow a FHA loan.Thanks again for reaching out!

@David Cahill Thanks for the feedback! Love to hear that you did that, I've been doing a ton of research on the FHA because it seems like the best option. At this point trying to learn more about the mortgage process and financing.

Hi everyone,

I'm new to the game, but have been reading the house hacking strategy book by Craig Curelop, and I believe that type of Real Estate investment would be my best option at the moment. I currently enjoy my day to day role as I work in a entry level sales role in Boston for a great company. But my dream has always been to get into real estate for the financial freedom qualities. I would not mind living in a property with roommates using the FHA loan for the first year, but Boston is currently a high price market. I'm trying to be as realistic as possible to know if this feasible. I've currently been looking at Dorchester and East Boston and would love any tips/advice for someone looking to break into real estate investing. Any comments would be appreciated for starting in a high market area!

Thanks in advance!