All Forum Posts by: Jordan L.

@Darren Budahn 

What are some B/B+ areas? South Milwaukee, Cudahy and St. Francis? Where are you targeting your investments?

I am still leaning towards targeting a C/C+ area to start investing, while house hacking a duplex in Shorewood.

@Darren Budahn 

Awesome, I have heard the same feedback on lenders. I will reach out to all of them. How has Marine CU worked for you? Why did you end up going with them? 

I would be looking for a SFR for my first investment property in the $50 - 80k range, so it sounds like both might be an option. What would you grade the east part of Stallis?

Is that type of property in a C+ area or better even possible? Any suggestions on other areas to target would be appreciated. Thanks again!

Thanks for the notes everyone. Looking forward to getting started.

Does anyone have recommendations on local lenders in Milwaukee? I would be looking for an investor friendly lender with the thought to finance the duplex through a conventional FHA loan and then the investment property through the same lender. I have already reached out to Equitable Bank.

Also, I am trying to get a better handle on the A-D location/property grading. What grades would 53223 and West Allis receive? I would think C+ for 53223 and B for West Allis. Thanks again!  

Hello all!

My name is Jordan and I am a new member in Milwaukee, WI. I grew up in Milwaukee but have only relocated back to the city about 6 months ago after a 9 year hiatus. I am 30 yrs old, employed with W2 income and I am looking to purchase a duplex to house hack while simultaneously looking for my first buy and hold investment property. I am looking for the owner occupied duplex to be in Shorewood, WI, since that is desirable for my family and looking for the buy and hold in 53223 or West Allis after doing my research. Any advice or comments would be appreciated. Great to meet everyone!