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All Forum Posts by: Nick Noon

Nick Noon has started 23 posts and replied 123 times.

Post: New to BiggerPockets

Nick Noon
Posted
  • Chelmsford, MA
  • Posts 124
  • Votes 70

lowell is probably my best opportunity.  A lot of run down multi family that I can fix up myself and UMass  Lowell is taking that town over so property value is sure to go up

Post: New to BiggerPockets

Nick Noon
Posted
  • Chelmsford, MA
  • Posts 124
  • Votes 70

Thank you all for the warm welcoming.  

I have a few different issues at the moment. One being I have the same problem as most college graduates; a lot of student loan debt. I make a good salary, but my school loan payments are in excess of $1,100.00 a month which is crippling my buying power. (You can only get approved for 43% of money after debt). It's also been hard to save up for a down payment, but luckily I am going after either the Mass housing loan or an FHA.

I am hoping these restrictions won't cripple my chances of making this work.

Post: New to BiggerPockets

Nick Noon
Posted
  • Chelmsford, MA
  • Posts 124
  • Votes 70

Hey all,

I am really starting to get the property investment bug, and I was doing some preliminary researching and came across this site and decided to join.  

First, I am a 28 year old construction manager for a well respected firm in Massachusetts who has ties to one of the biggest developers in New England.  I am a graduate of Wentworth Institute of Technology with a Bachelor's degree in Construction Management, and I have been doing construction all my life, so I have pretty good knowledge of the construction side of things, but not so much on the real estate/development side. 

I am currently renting, but am actively looking for a home as I have recently found out I have a little one coming into the world in 7 months.  I have always wanted to get into property investment, but this has really sparked me to start finding a home.  

I figured I would try to kill two birds with one stone and try and get a multi family residence for my home as well as getting income on the side.  I look forward to any insight received from all of the members on this website.