All Forum Posts by: Justine Veal

Thanks for the referral! 

Hi all 

I am new to the game of Real Estate Investing. Meaning I have yet to purchase my first property. However I am so excited to move forward! I have been listening to a lot of podcasts, watching webinars, reading books and chatting with yall in the forums here. However I learn best by doing. So if there is a seasoned Real Estate Investor and or lanlord in or near Jersey City, who would like to free up some of their time by putting me to work, please feel free to message me. I work long hours at my current job however I am free on Mondays. I am interested in investing in Multifamily properties using the BRRRR method. I like properties that are close to transit and have more than one bedroom per unit. Right now I find myself drawn to Chicago and I am currently researching the market. *Will Work For Free!*

Thanks in Advance!

Thank you all so much for your feedback and advice it turns out I got some homework to do. I will do my research. This is great stuff I love it here! 

My Fiancé is getting a new job in Atlanta so it turns out we're moving! I'm a newbie to investing however I've already decided that I want to master local multi family properties following the BRRRR method. Is there a Market for this in ATL or should I consider doing long distance somewhere else (I was thinking Chicago) ? I also realized ATL is a College city should I switch my niche to local student housing/rentals? I don't want to get to used to switching my niches. However technically I havent bought anything yet. I'm ready to go all in and master one niche then move to another. Any advice? Not sure if it matters but I currently live in Northern NJ.

Thanks Jody, your advice was very helpful. Quick question about the closing cost tho. How does one calculate the closing cost? Is it a certain percentage of how much I purchase the house for? Like say I want to purchase a duplex for $500,000 how do I estimate what the closing cost will be? 

Looking to House Hack my first property. How do I pick a price range for my first purchase if I plan on using a traditional FHA loan? I know that I'm looking for a duplex or a triplex that has more than one bedroom per unit but I'm not sure how to calculate my purchasing cap. Should I just see how big of a loan I can get first? Please help!

Thanks for the feedback.  I figured since I want to do some updates to at least one of the units I probably should go with a traditional loan. But I’m still learning 

The house I'm interested in is a triplex and it is paid off by the seller and doesnt have a mortgage. Should I purchase it with a traditional FHA loan or should I ask for seller financing? Any advice?