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All Forum Posts by: Lukas Streetman

Lukas Streetman has started 1 posts and replied 5 times.

Quote from @Adrien C.:

If you're using FHA loan, you're required to live in property. 10K down with FHA financing is a decent start and can get you some good stuff. I'd safe some so you have "what if" money. What areas in NWI are you interested in?

 portage, crown point, highland, Valparaiso, Hobart, Michigan city, that area @Adrien C.

Quote from @Eudith Vacio:

Welcome @Lukas Streetman

that's great that you are looking NOW in your 20's - first step is to get quailed for a loan with a lender. They will look at employment, savings, and credit. Have you talked to any lenders? 


 not yet!

Quote from @Blake Pieroni:

Hi @Lukas Streetman! Wow buying a 4 plex at 20 years old that amazing!

I'm from the region area too, I grew up in Valpo and went to Chesterton Highschool. 

I would say go slow, there is no need to rush. Next have you underwritten several deals and identified a specific property?

 @Blake Pieroni So I would have to do this through a realtor and loan officer for an underwritten with a specific property?

Quote from @William Costello:

That is awesome @Lukas Streetman, I would suggest talking with realtors and lenders in the Indy area theres alot of good ones. In addition, networking and going to real estate meet ups would be a useful too. How many properties have you underwritten? 

 I have underwritten none so far do I have to get a loan officer to do @William Costello

ok, I'm trying to buy a 4 unit but I feel stuck I'm 20 years old and have roughly 10gs so that will be the down payment I plan on using a FAH loan for my first rental, but I don't know what to do from there I feel like I hit a wall pls anyone help