All Forum Posts by: Matt Bailey

I have a triplex under contract

Should I......

25% down with 3.7-4.25% interest rate fixed for 30 years?????

or

15% down with 10-year fixed rate of 5.00%,20-year amortization????  

If I go with the investor portfolio loan then I could refinance into a conventional loan after 6 months getting my money out for 30 year fixed 4.75 +/-0.5%.  

Currently 2/3 rented out (breaking even if going with investor portfolio lender) and I could cover mortgage for 6 months if it was empty. 

WWYD?

newbie appreciates your input 

How do you get added to wholesaler's mailing/email list?

I'm particularly interested in single family and small multifamily

Thanks

Thanks @David Espinosa

Do you have to work for a broker? 

Can you just "freelance" acting as an agent for what you buy and sale?

Newbie wondering how you get your real estate license in KY?

Any schools/training programs you recommend?

Estimated cost of training?

Thanks!

@Karen O. holy moly what a process 

thanks @Karen O.  

So I set the rent and each individual with a voucher will be a wait and see if the price works out with each individual?

Thanks @Erik W. good advice

thanks @Daniel Smyth, I have two lenders willing (they mentioned it) to do it and a call into my real estate attorney - I'll share what I find out 

thanks @Cara Lonsdale  @Jennifer T.

can the voucher recepient pay out of pocket for rent/utilities if the voucher does not cover the entire amount?

awesome @Jennifer T. - thanks