All Forum Posts by: Marcus Blalock

You have a $12k car note. Sell the vechile, pay off the loan, and by a good used car at wholesale auction for half of what you owe now. A car is a liability not an assest. Treat it as such.

And another good article about the benefits of house hacking:

https://www.biggerpockets.com/renewsblog/2013/11/0...

House hack with a 3.5% FHA loan on a 4-plex. I wish I would have done this in my 20's. I would be so much further along now. Here is a good article on the BP blog that talks about the concept.

https://www.biggerpockets.com/renewsblog/2013/11/0...

Then join your local REIA, network, and read the forum, blog, and listen to the Podcasts on BP.

Good luck. 

P.S. Thanks for your service. 

Here is something I actually ran across earlier today looking for owner-occupied loans.  Maybe it will help. I am not affiliated with company in any way:

http://www.fundmortgagecapital.com/GENERALLOANPROGRAMS/ResidentialLoanPrograms.html

Ranch home sits on a large & gently rolling lot. Hardwood floors throughout the living room, dining room, & all 3 bedrooms. Home has mostly neutral colors throughout and is move-in ready (Completely renovated). Over-sized two car garage is only a couple years old. Basement provides extra storage.

Asking 99000k for the home.  Estimated rent for the home is $795.

Reply or send me a PM for more info or pictures. Thanks.

These properties will be buy and hold properties. Thanks

I am looking for 100% financing for 11 properties (6 mobile homes and 5 houses; all 2/1) that I would like to purchase.  Total rental income is $4940 a month. Looking for $250K .  The properties are located in TN.

Please reply to this posting or send me a PM. If you need more information, please do not hesitate to ask. Thanks in advance.

Here is an article I saw today that you all may be interested in reading.

http://www.thestreet.com/story/13275243/1/10-cities-where-foreclosures-still-haunt-the-housing-market.html

I will also add that I purchased a HUD home in an online auction last July and have owner occupied it since then. Slowly made improvements to it with some work still to do but am looking for a fix and flip to buy. Thanks

I am looking for wholesalers in the Chattanooga TN and North Georgia area. I am new to REI but am looking for a property to purchase for a fix and flip.

Please feel free to connect with me on here and add me to your buyers list. Thanks in advance.