All Forum Posts by: Nicole Yarde

Hi @Nicole Yarde what type of investing are you  most interested in?  My wife and I got ourselves to financial freedom in New Jersey by house hacking, now we spend  my time giving back and help other investors achieve the same. 

@welcome - let me know if you need  a referal to a loan officer that  can help :)

Hey @Nicole Yarde - congrats on overcoming the mental hurdle to start investing in RE! 

It's a great time for FHA buyers because the homes that are on the market now aren't being picky about the type of buyers/offers they get. For example, trying to get a FHA offer accepted this time in the last 2 years would have been near impossible due to sellers having their pick of the litter of offers with higher down payments.

I'm happy to hop on a call with you to point you in the right direction, I'm an investor & realtor. Feel free to message me and we'll take it from there. 

@Nicole Yarde- thanks - assuming you  will need  financing  - get  formally  pre approved  so you  educate yourslef  regarding the  numbers / rates / payments and  also so you can  make sure you can  qualify for a loan 

Hello @Nicole Yarde!

Speaking with a knowledgeable local Realtor will be a huge help to you during this phase in your plan.

Before speaking with a Realtor, however, I'd recommend doing your research. 

Check out a 3rd party listing site (Zillow, Realtor.com, Redfin, etc) to get a feel for active inventory and recently sold comps. Next, run a simple Google maps search for areas of interest to get a sense what is nearby.

If you are not sure which areas to begin looking for properties, HERE is a list of top 100 U.S. housing markets from the Journal of Housing Research that I found to be pretty interesting and helpful.

For house-hacking with an FHA loan, you might want to check out this list of major metro areas showing which markets are best to own in. 
*** Disclaimer: I read both articles & studies back in July so rates were a little lower and I'm sure some of this info has since changed.

Once you've selected a market or couple of markets to dive deeper into, reach out to a Realtor. BP's find an agent tool is awesome.

Best of luck to you on your search!

Abel

@Nicole Yarde - PA is full of opportunity, but also caution. You'd want to know the market you anticipate investing in. As with any area- investing can be hyper-local and finding someone knowledgeable is a must. 

We are in eastern PA, Lehigh Valley / Allentown Area and its one of the few places in the state seeing positive population growth and a rapid influx of people under 40yrs old. (All Metro Statistical Data). Heavily sought after by investors for this reason and others. Although the market is still quite hot - but cooling- we are seeing many opportunities for investors of all levels. Please let me know if you'd like to connect and discuss more.