All Forum Posts by: Luke Treacy

Bought my first 2 properties and and went through a lender that my agent recommended. He seemed really good and I was naive and didn’t shop around. How bad did I do? And any recommendations on what I could do besides shop around next time?

Bought 2 homes in the south. Did not factor credits from the seller.

1st closed 7/26 105k 5.15% closing costs about 6k - renting for $1050 a month.

2nd closed 9/3 84.5k 4.85% closing costs about 6.7k - renting $1000 a month.

It didn’t make sense to me why 2nd closing was more even though the houses are a few blocks from each other and it was less.

If there is any material you recommend on this subject feel free to add as well. My goal is 21 properties and even if I missed a little here I plan to learn from my mistakes and knock the next ones out of the park.