All Forum Posts by: Marcus Ethen

When you state MI is that referring to the monthly insurance? and if so wouldn't I be paying insurance on the property normally or is this an additional cost on top of what i would have to pay for?

Thank you, and thanks for the advice. That makes a lot of sense when it comes to the percentages and certainly makes my decision easier. A follow up question I have is, will my student loans make it harder for me to obtain a FHA loan/financing? They are currently the only debt i have and have been paying well above the monthly minimum. Would banks take either of these into consideration?

Hey everyone my name is Marcus, I am a recent college graduate and I am looking to start investing in small multifamily housing units in Omaha, NE. I am currently trying to decide if I should try to pay off my student loan first before making my first deal or if I should start here in the near future? Any ideas or suggestions is greatly appreciated. Thank you