All Forum Posts by: Denzer Campbell

Thank you @Tim Puffer and

@Upen Patel I appreciate the help. I have read a bit online about bank of America and others offering loans intended to compete with FHA would anyone know anything more about that?

Hello Everyone!

9 Months ago I purchased my first multifamily rental property utilizing the FHA 3.5% first time home buyer mortgage. Things have gone well, and I would like to purchase another multifamily property.

I do not believe I can use the FHA mortgage again unless I am relocating to another city.

Are there any low down payment alternatives to a conventional 20% down loan, preferably something 10% or lower / comparable to the FHA program that I could utilize to purchase another multifamily ?

Thank you!

Thank you @Bonnie Laslo, out of curiosity what are you offering?

Bonnie Laslo

Hello Everyone!

9 Months ago I purchased my first multifamily rental property utilizing the FHA 3.5% first time home buyer mortgage. Things have gone well, and I would like to purchase another multifamily property.

I do not believe I can use the FHA mortgage again unless I am relocating to another city.

Are there any low down payment alternatives to a conventional 20% down loan, preferably something 10% or lower / comparable to the FHA program that I could utilize to purchase another multifamily ?

Thank you!

Brian Bell 315-870-0396

You da man Craig!

awesome!

Thank you all, for your welcoming me to the website and your encouraging words.

@Greg Potter any other Syracuse  areas you would recommend taking a look into, trying to gain familiarity with the rental market, It would seem that Eastwood and Liverpool would be my next best bet after the University neighborhood. Would you agree?

Hello all!

I am  a spring 2014 Binghamton University graduate, now employed at a consultant engineering firm in Syracuse NY.

My experience:

Jr. RE Investor, I have been researching for over a year and have learned real estate fundamentals through reading several REI books. I am pre approved and on the look out.

My goals:

Use FHA insured loan to acquire a 2-4 unit multifamily property in the Syracuse University Neighborhood Occupy one unit, rent others.

Desired Property Description:
Units Count: 2-4
Bedrooms Count: 3+
Bathroom Count: 3+
Location: Syracuse University Neighborhood

Any references advice or help of any kind would be greatly appreciated!

Thank you!