All Forum Posts by: Tyree Etheridge

@Shawn McCormick thank you for the info, yes please send them my way.

@Quentin Moore thanks for the info. I’ll reach out to Joey and Jay. Just out of curiosity, did you purchase a townhome or sfh?

@Quentin Moore I'm originally from VA and am now living in Orlando and looking to buy something in Storey Lake pretty soon. Would you mind sharing the lender and agent that you used to purchase your property.

@Travis Rasmussen What communitie(s) are your rentals in and do you self manage? I'm moving to Kissimmee in a few months and want to gauge exactly where I should set up my rental/ work out a solid operating plan.

@Amy H. Princess Anne

Thanks for the information. I like the idea of only having to put down 5% as opposed to an fha where I could only put down 3.5%, but could never remove the pmi. I am also thinking of getting into a duplex or quad and rent it out completely. I will do whatever the numbers tell

I agree Frankie. Limiting the amount of cash I have in the deal would be ideal. I've gone over the numbers several times; however, I'm not sure if the FHA loan requires a certain level of pmi no matter what. I'll have to look further into it.

Happy Thursday,

I'm in the process of getting myself ready to purchase my first investment property in VB; however, I am unsure if I should go with an fha loan or a conventional loan. Coming up with 20% down on a 220k duplex is a little difficult; however, the pmi and premium that an fha loan requires could end up costing me more in the long run. I welcome any and all advice. 

Johnny, I just wanted to follow up and see what happened with this deal, how did things turn out?

As far as property management goes, I've heard nothing but great things about Lisa Doud. I would be interested in finding good contractors myself.