All Forum Posts by: Noah Corwick

Hi Talia. 

Welcome to BP!

There are certainly creative finance opportunities here in PHX. I would recommend honing in on some specific cities within PHX that you'd like to target, as the metropolitan PHX area is very large. 

Also another option could be a DSCR loan as well. Definitely talk to a lender on if this is a viable option though.

Best of luck!

Quote from @Account Closed:

Quote from @Noah Corwick:

Hi Ashni, 

It'll all depend on what parts of PHX you are aiming to be in and what your investing strategy is. 

A SFH for $400k would likely land you in Glendale, Peoria, Mesa, Apache Junction. Slightly outside of PHX you could buy into San Tan Valley, Queen Creek and Casa Grande. So just depends on how central you want to be.

A few benefits of a Townhouse vs a SFH is that most Townhomes will be less expensive, and a lot of their HOAs cover the exterior and font landscaping of the home. IMO if you can get a SFH, get a SFH though.

I think people don't understand just how big the Phoenix area is. It's more than one Teepee and a wagon. There are a lot of good areas to invest.

Yeah very true. With the success of Surprise and Queen Creek, the valley will only get larger and expand. Soon places like Wittmann will be part of the greater PHX area haha. 

Hey Josh!

I could use some pointers, as I whiff too many times to admit at TopGolf haha. 

It sounds like you are aiming to be a buy and hold investor, but I would recommend shoring up your investing strategy. 

Is there any particular reason why you are looking at PHX or Tucson specifically? 

Hi Ashni, 

It'll all depend on what parts of PHX you are aiming to be in and what your investing strategy is. 

A SFH for $400k would likely land you in Glendale, Peoria, Mesa, Apache Junction. Slightly outside of PHX you could buy into San Tan Valley, Queen Creek and Casa Grande. So just depends on how central you want to be.

A few benefits of a Townhouse vs a SFH is that most Townhomes will be less expensive, and a lot of their HOAs cover the exterior and font landscaping of the home. IMO if you can get a SFH, get a SFH though.

Hey Will, 

Welcome to BP! Definitely a lot to learn and dig into, but that's great that you have a clear investing route that you are aiming towards. It'll be way easier to define your success criteria and create your team. 

Cheers to a successful RE investing career! 

Hi Torin, welcome to BP!

Have you been able to hone in on the RE investing strategy that you feel makes the most sense for your situation? There are a lot of different ways to start investing, so trimming the fat on the direction is a great beginning. 

Hey Mark! 

I might have just the lot for you actually. 

I'll shoot you a DM. 

Hi Christopher, 

Welcome to BiggerPockets!

That's great that you know the investing strategy that you'd like to execute, as that's often part of the initial battle.

Best of luck with your RE goals! 

Likely. Hopefully the buyer will be open about this if you ask, but you never know these days. I would work something into your future contracts or draft up an addendum about prohibiting contract assignment. 

That sounds like a great lot! 

Hi Raquel. This smells of a wholesale deal. They are trying to hide what their assignment fee is.