All Forum Posts by: Joseph Beatty

Hard Money loans seems like it could be a good option for you. If you have enough to put 10-15% down, they will also cover your rehab costs as well. If your plan is to rent these places out, as long as the numbers add up and you can get tenants in there relatively quick, all you'll need is that down payment to get started! 

There's also no need to rush into any investments though, there will always be more. Maybe sit down with some lenders to see if the numbers work and if they think it's a good idea with your situation. 

Hey Eric! Hopefully by now you've locked in your first property and are cash flowing nicely on it. Best advice I can give as a new investor is to go to networking events and try to meet like-minded investors to keep gaining knowledge on the industry/market! If you need help making connections with other professionals, I'm happy to connect and point you in the right direction. 

 Hey Michael, I'm not a broker, but I am a licensed agent, and we come across section 8 rental properties pretty often. Happy to connect and talk more about the current market. 

I work with New Western in Pittsburgh, and we have an office in KC that you should get in touch with. Cash offer, quick closing! 

I can't speak on other markets, but I work with a lot of investors that exclusively look for section 8 deals in the Pittsburgh market! 

I work with New Western in Pittsburgh, and it's always cool to hear investors/agent success stories! Seems like a slam dunk of a deal with that sale price. The Philly office has it down to a science, so I'm not surprised you had such a great experience. Happy to connect if you have any investors over here in Western PA! 

Daniel, my best advice would be to shop around/ask for referrals for contractors in Pittsburgh. I am an agent here and work with a lot of out of state investors who send the same contractor to our properties every time. Build a relationship with one that you know you can trust to give you good estimates, and it will make decision making a lot easier. If not that, finding a local partner to work with would also be super helpful for what you are trying to do. Happy to connect if you need some recommendations! 

Don, I am an agent and a (hopefully) soon to be investor myself in Pittsburgh, PA. This post is very well written, and I will be using this as a reference for my future endeavors, thanks! 

Steve, 80-125k for a SFH in Pittsburgh can get you into a lot of different areas around the city, as long as you are also willing to put some work into the homes. We come across turnkey rentals every once in a while, but they probably wouldn't work with your price range. It really depends on the area that you're looking into, but there's plenty of Section 8 housing options all around the city. Would be happy to connect and talk more about your goals!

Alex, welcome to the community! I see that you are looking for rental properties, are you looking for SFH's, Multi's? Are you house hacking? There's plenty of options all around the city, I'd be happy to connect to talk about your goals!