20 September 2020 | 1 reply
But it seems FHA limits the residency to 4 units, but I would like to maximize my first investment by getting into a 7-10 unit building and use the NOI after debt servicing to grow my portfolio.
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26 September 2020 | 2 replies
Points are just another way, another shinny object for the lender to maximize profits on your loan.
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27 September 2020 | 9 replies
So I feel comfortable buying it at the right price.
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22 September 2020 | 15 replies
I would suggest focusing more on the process, instead of finding the "perfect deal" so you can learn and get comfortable with how each step works.
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30 September 2020 | 20 replies
If you aren't comfortable going that route, go by a couple local Home Depot stores and you should find guys and trucks out there who can help (I found a handyman that way buying flooring one Saturday morning).If all else fails, there are apps (my neighbor showed me one called Handy) which you can literally book a handyman to come by and fix practically anything.
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22 September 2020 | 15 replies
@Billy Archer, I should have partnered, but I always feel most comfortable messing up when it's my time and money on the line.
21 September 2020 | 2 replies
Beyond that, I'd be comfortable using the $ to invest.The BRRR deals I do in affordable markets only usually require maybe 5K of my own cash.
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21 September 2020 | 2 replies
I have had seen some properties but their out of my comfortable price range how do I change that?
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25 September 2020 | 46 replies
I stay within a 50 mile radius of home, for my own comfort.
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22 September 2020 | 10 replies
At the end of the day, I see my first investment being a place I'd be comfortable calling home in some respect as well as a "good move".