All Forum Posts by: Juan McLemore

Welcome to BP Ryan! You have the right ideal...I met Matt at the BP mastermind which was a great event.  I'm currently looking for a mulifamily (4 units), but you are in the right place to learn and network.  At 39, your are still a young man:)

I'm working with a realtor in looking for a multifamily (rehab project) in Atlanta area right now. I may need to look further outside Atlanta market to find one with the right ARV. How is the Houston multifamily market? I assume it's difficult to find a multifamily there too?

@Jared Sturm Thanks for the information Jared. I'm planning to attend the Bigger Pockets Mastermind monthly meet up tomorrow. I look forward to meeting you at the Mastermind. 

Hi Everyone,

I'm new to the community. I plan to purchase a multifamily and "househack" in the Atlanta metro area market using the FHA 203K program. I have saved $50K and own a rental property that has $50K in equity I can access if needed.

Questions:

- Should I get approved first to determine how much of a multifamily I would qualify for or find a property first?  

- Has anyone from the community worked with a local lender in the Atlanta market using the 203K program?

Goal:

My goal is to buy/hold for cashflow then move out after 1 year, then move own to larger multifamily units. Any advice or suggestions are appreciated!