All Forum Posts by: Eduardo Justo

Hi Lalo, welcome to BP! You can learn a lot here just from reading and interacting with other people in the industry. Good luck in your beginnings!

I'm not a lender but FHA is typically if you have poor/average credit and want to buy a minimum 3.5% down. You can get a conventional Fannie Mae loan for 5% down with far less scrutiny and fees.

@Eduardo Justo - Welcome to the BP community. Sounds like you are off to a reat start. I recommend attending as many local real estate meetups as you possibly can. Make it a goal to attend at least 2 a week. I've developed my best and most long lasting relationships at meetups. I've met partners, lenders, contractors, essentially my team and its been incredibly valuable.

I also recommend finding someone in your market doing what you want to be doing at a larger scale and figuring out a way that you can provide them value. Be in walking properties for them, helping them with self management, joining their brokerage and providing them value in the form of commissions. Find out their pain points, provide immense value to them and expect nothing in return. At a certain point, the concept of reciprocity will kick in and they will feel a need to help you. These are a few initial steps I would take if I were in your shoes. Good luck on expanding your portfolio. 

Welcome Eduardo! LFG!!!