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All Forum Posts by: Matthew Powers

Matthew Powers has started 1 posts and replied 3 times.

General Real Estate Investing

Post: First investment back against the wall. Need advice!

Matthew PowersPosted
  • Posts 3
  • Votes 6

Hey man, I am new to this. Just want to wish you luck and remind you PERSISTANCE IS KEY! I wish the best for you!

3 Votes
First-Time Home Buyer

Post: How many months should I plan to pay for the full mortgage?

Matthew PowersPosted
  • Posts 3
  • Votes 6

Hi everyone! I am currently 22 years old and I am planning on using my FHA loan to buy a multifamily home within the next few years. I am curious to know how much money, BESIDES the downpayment, I will need. My main questions would be, how long until I would find a renter/s? How many months should I plan to pay for the full mortgage before I start receiving rent money? Lets assume I will not have to make any major repairs before renting. Thanks for the help!

1 Vote
Buying & Selling Real Estate

Post: Multifamily market options

Matthew PowersPosted
  • Posts 3
  • Votes 6

Since you are looking at the south, check out Greenville SC. I am from there and it is growing rapidly. Check out some pics online. If you can get a duplex just outside the city, I assure you it will appreciate. 

2 Votes