Any local meet up in Holland MI? Or how can I find them?

Question

Hello,

I am a new investor and wanting to learn more about house hacking. I want to be in contacts from people who also do house hacking a duplex and experienced. I am 24 living with parents. Unfortunately I am hindered since I just got a new job 5 months ago and I prefer to leverage my FHA 3.5% down rather than put 15% conventional. I have about 19 months till my 24 months requirement is up because that is what the bank wants. So my best moves are to try to learn as much as I can in these 19 months to better prepare for investing in a duplex =)

Nathan Gesner · Answer

Go to NETWORK at the top of your screen and you can search for other investors and investment groups in your area. You can also check meetup.com or search facebook for real estate investment groups, clubs, or meetings.

Jake Thomas · Answer

@Kerry Pangan What is the 24-month requirement if you want to use FHA? I am not a lender but 6 months on a new job is the minimum for most lenders I work with. You may want to talk to some other lenders to see if you can move faster than 19 months from now. Also, @Sean Sloop is a great resource for learning about house hacking and finding properties locally here in West Michigan. Good luck in your search.

Kerry Pangan · Answer

@Nathan G. Thanks Nathan. I’ll explore those tools.

Jake Thomas · Answer

@Kerry Pangan send me a message and I can get you in contact with a lender I know. He also just confirmed the 6 months with me but it will depend on other factors as well.

Kerry Pangan · Answer

@Jake Thomas Really? Well for I just got out of unemployment and they required me to have at least 2 years of work history to qualify for FHA. I've asked around other lenders too and they pretty much said the same thing about having at least 2 years of work history.

Sean Sloop · Answer

Hey Kerry, welcome to BP! I currently house hack in Grand Rapids and would be happy to chat with you about my experience and answer any questions.

While I am not sure of any Holland meetups, there is one in Grandville tonight. I would recommend you join the Metro GR Investor Facebook page. People post meetups, deals, contractor recommendations, etc on there.

Nathan Broekhuizen · Answer

@Kerry Pangan I am a Realtor in West Michigan and I have helped several clients buy duplexes or single-family homes to house hack. Feel free to reach out if you'd like to meet up!

Any local meet up in Holland MI? Or how can I find them?

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