All Forum Posts by: Chris Seveney

Start with a local bank. They know the area and sometimes are more willing to finance. You will typically need 20% min down payment.

Welcome to bigger pockets. Recommend listening to the podcasts, going to REIA group meetings and getting to know people. Also don't be shy to ask questions (after you have attempted to research to topic already) this website is very helpful.

Vinyl plank is very good for rentals. I know developers are using it on large multifamily. I just bought some for my rental. Key is to read and understand the thickness on it. I bought 5.5mm from lowes that is waterproof (not water resistant). You can get it as thin as 2mm but you get what you pay for. Hardwood floors everyone loves but for a rental I would not install due to having to refinish them if renters destroy them.

Welcome to BP

If you cannot locate anyone contact a local realtor and ask them who they would recommend.

As the prior post mentioned - join a local real estate club

Welcome to BP

Your numbers are not adding up as 4x780 + 2 @ 475 is over $4000 a month in income. Make sure you see actual leases and do not trust what the realtor is telling you. Have you run it through the BP calculator?

Welcome to BP

Welcome to BP