All Forum Posts by: Matt O'Meara

Thanks again for all the info, @Azeez K. 

 I have been reading up on a lot of different subjects within this community, and the percent rules have been very helpful in applying what little knowledge I have into different properties on the market. I definitely don't have a firm grasp, but I feel like it's getting a little less complicated.

Thanks for the helpful networking link as well as the keyword link, @Dmitriy Fomichenko 

There is a ton of information in this community, so any help with narrowing down my subject of research is a tremendous help!

What a great link to the top blog posts, @Frankie Woods 

I've actually been trying to figure out if I should go with a MF or SF property. I started off wanting MF, but I live in an apartment now and a MF property may not be conducive due to my lifestyle. And wouldn't you know the 6th article down was related to part of my internal debate! Still not sure, but I have more info!

 Definitely,  @Jon Huber 

I have been reading up as much as I can understand, and I will start the podcasts once I fix my obsolete technology. I have yet to post a question, but I'm guessing it will be something about how I should prioritize my first Real Estate investment. Hopefully I can form a legible question soon and get some answers! Thanks again!

Hello @Larry Fried, thanks for the welcome!

Thank you for the great suggestion and link to the podcast, Elizabeth! I can't wait to take advantage of all these resources!

I honestly haven't even looked at conventional loans too closely yet, so I had no idea they could be down as low as 5%. Thanks for the tip, that definitely opens up some more options for me!

Definitely, thanks @Mehran Kamari! I think I read (on a different article on BP) that you have to live in the property for a year to satisfy the FHA requirement, does that apply or am I confusing it with something else? It didn't say anything about how long you had to stay for the FHA loan in this article, but it definitely highlighted a lot of the practicality of starting with MFHs! Thanks for the link!

Thank you, @Sean Hurwitz. I'm hoping for a lot of the same! Closing on a home would be an amazing feeling, although the pressure on writing a good blog post about it is an entirely different challenge!

Thank you, @Anna Watkins. I think I'll try "Investing in Dupexes, Triplexes & Quads" by Loftis. And I'll definitely check out the podcasts! It's like reading without the homework feel!

Hello BP, my name is Matt and I live in Atlanta. I've been looking to invest in my first property, and internet research led me to BP where I've been lurking for a few weeks. I am currently looking at MFH units, but admittedly don't know enough about this industry to ask the right questions. I've been looking into FHA loans because I don't have too much cash to put down up front. I will keep reading threads related to MFH properties, but any extra help would be greatly appreciated. Thank you!