Newbie Philadelphia Investor looking to network and learn

Newbie Philadelphia Investor looking to network and learn

Philadelphia, PA · Member since 2018 · 17 posts · 3 votes

Hi All,

I am a new real estate investor looking to invest in the Philadelphia city and suburbs. I have just got my credit in order after a few incorrect out standing bills were filled in my name. I am savings about 30% of my salary right now and studying the market with hopes of buying my first house hack in the next few months. The next step I am taking is getting pre-approved for an FHA loan so if anyone has any local lenders that they have worked with in the past please let me know. I also am looking to connect with people in the area so please reach out to me.

Thank you,

Matt Carfaro

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Plymouth Meeting, PA · Member since 2019 · 34 posts · 12 votes
6y

Matt, Congrats on taking the plunge and househacking. Something I definitely wish I would have done before I was married with kids LOL. I've worked with Vantage Point Mortgage several times. They've been awesome to work with each time. I'll send you a DM w/ their info. Good luck  

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  • Plymouth Meeting, PA · Member since 2019 · 34 posts · 12 votes
    6y

    Matt, Congrats on taking the plunge and househacking. Something I definitely wish I would have done before I was married with kids LOL. I've worked with Vantage Point Mortgage several times. They've been awesome to work with each time. I'll send you a DM w/ their info. Good luck  

  • Philadelphia, PA · Member since 2018 · 17 posts · 3 votes
    6y

    @David Lorenz Thank you David! I would really appreciate that. 

  • Wholesaler · Philadelphia · Member since 2020 · 45 posts · 72 votes
    6y

    Matt,

    Congrats on getting started in RE, it can be a great way to earn on the side of your regular income. What areas have you started looking at in Philadelphia? In terms of lenders I prefer to work with, I'll shoot you over a DM with some info! 

  • Philadelphia, PA · Member since 2018 · 17 posts · 3 votes
    6y

    @Louise Cornell Thank you! I am looking to invest in Philly (norhtwest/manayunk for a house hack) or Delco (Upper Darby, Drexel Hill). I would love to the info on what lenders you use. What areas are you investing in?

  • Real Estate Agent · Pittsburgh, PA · Member since 2020 · 111 posts · 51 votes
    6y

    Hello @Matthew Carfaro,

    Let me start off by congratulating you on making the first step towards financial freedom! In terms of Philadelphia investing, I believe that house-hacking is a great option to start with. I actually have been working with a lot of investors that are looking in the North Philly area, so you've got a pretty solid plan in place in terms of areas to look into. I really believe that anywhere from the northern liberties to Nicetown are pretty solid investment markets as the gentrification and neighborhood improvement have been resurfacing the way we view these neighborhoods. I know of a few properties that might work for you. I'm sending you a message to further explain my investment knowledge in Philadelphia. 

    Thank you,

    Chris

  • Philadelphia, PA · Member since 2018 · 17 posts · 3 votes
    6y

    Hi @Account Closed Thank you! I am very excited and look forward to hearing about your expert option on Philly.

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