All Forum Posts by: Connor Woods

Currently looking for a multi-family property using a FHA loan. Most of the properties that make sense once I run the numbers are currently fully occupied. Should I just keep looking or what can I do about this? Look when leases are up, then Purchase or?

So I’m currently in the process of getting my real estate license, and I grew up in a smaller city (Jasper Alabama) and I don’t know if I should try to get into a company because it’s very like old money here so there are a lot of agents but only a few really in that so to speak, but through my girlfriend I have connections with a broker and company in Tuscaloosa Alabama, about 45 min from me. Would it be a disadvantage to try and start there? Even though I’m more unfamiliar with the area than my own hometown?

Thanks Man, I think house hacking is definitely the best route for me in the next year or so! Just trying to figure out more with that. @Frank Hinck

I would try to use cash! but most likely hard money lender

So I am currently looking for advice about multi-family units, Do you think it would be a better option to use an FHA loan first, and buy a newer building that is less work or use go for a good one that neads some improvements!