All Forum Posts by: Kyle Spinale

Thank you very much Christopher. That's helpful information. All else equal, do FHA loans typically entail higher rates when compared to traditional mortgages? And are they reserved for single family homes, or can they be used for duplexes & triplexes as well?

Thanks Adam! I appreciate the link and quick response.

Does anybody have experience taking out an FHA loan? If so, could you please describe the process of getting it (i.e. requirements/screening process). Also, how has it treated you? By that I mean, would you prefer this over a traditional mortgage. Why or why not? Thank you.

Great work on the house! Please update us when it sells. 

Ryan, 

I'm glad to hear that you've improved cash flow on your property. If you don't mind me asking, how did you go about doing that? I also think it sounds like a smart move to make the property more appealing to a larger group of buyers. Thanks for posting!

Ronnie,

It sounds like your first flip went well. 3 days on the market is extremely short, it must have been a very hot market. Did you have contractors help you or did you handle it on your own?  Thanks for posting!

I would like to hear people's experiences with their first property. How did you acquire it? What did you learn? Was it profitable? Likes and dislikes? Do you still own it? Why or why not? Just a brief story is good. I wanted to hear different stories. I look forward to reading your posts.

Thank you everybody! I appreciate the support and I look forward to interacting with everybody on this site.  It seems like a great community to be involved with.

Hi everybody, my name's Kyle and I'm 21 years old. I don't have much experience investing in real estate; I've read a few books and I have some REIT's in my brokerage account. Real estate interests me because it's everywhere in our lives and it can be a great tool to achieve financial freedom. I'm not sure what type of investor I want to be; I first need to know more about REI in general. If I had to pick a real estate category right now, I would probably choose rental properties. I look forward to exploring this site.