All Forum Posts by: Alex L. Goodman
Alex L. Goodman has started 1 posts and replied 5 times.
Quote from @Robin Simon:
Quote from @Alex L. Goodman:
I am currently looking for my first investment property and hopeful I can get some helpful pointers to make sure this is as seamless as possible for my first investment.
I just purchased my personal property in March and I only say that as house hacking isn’t an option.
My current struggle is finding a lender that is first time investor friendly. Has a wealth of knowledge on loan options and can point me in a good direction. I believe a conventional loan is likely my best option, but would love to know if I’m wrong. ideally looking for someone that can give me some rough numbers that it would take to make this first purchase.
The properties I'm looking at are both SFH and Duplexes ranging between $90-150k.
For some additional information that should be helpful. My credit score is currently 698, but varies month to month between 690 and 740. DTI is below 35%, and have a W2 job. I'm always happy to provide more info if needed.
I strongly recommend @River Sava!
Thanks, @Robin Simon. I’ll reach out to River.
Quote from @Remington Lyman:
Quote from @Alex L. Goodman:
I am currently looking for my first investment property and hopeful I can get some helpful pointers to make sure this is as seamless as possible for my first investment.
I just purchased my personal property in March and I only say that as house hacking isn’t an option.
My current struggle is finding a lender that is first time investor friendly. Has a wealth of knowledge on loan options and can point me in a good direction. I believe a conventional loan is likely my best option, but would love to know if I’m wrong. ideally looking for someone that can give me some rough numbers that it would take to make this first purchase.
The properties I'm looking at are both SFH and Duplexes ranging between $90-150k.
For some additional information that should be helpful. My credit score is currently 698, but varies month to month between 690 and 740. DTI is below 35%, and have a W2 job. I'm always happy to provide more info if needed.
I would reach out to @Chris Wharton. He is a solid lender here in Columbus, Ohio
Quote from @Paul De Luca:
If you find the right lender you may be able to just put 15% down on a property for a buy and hold. I know lenders here in Chicagoland that offer loan products like that but they are ARMs.
Thanks, @Paul De Luca. I was hopeful to avoid ARMs if possible.
Quote from @Patrick Drury:
@Alex L. Goodman
I can send over some recommended lenders here in Columbus, OH.
@Patrick Drury that would be great. Thank you.
I am currently looking for my first investment property and hopeful I can get some helpful pointers to make sure this is as seamless as possible for my first investment.
I just purchased my personal property in March and I only say that as house hacking isn’t an option.
My current struggle is finding a lender that is first time investor friendly. Has a wealth of knowledge on loan options and can point me in a good direction. I believe a conventional loan is likely my best option, but would love to know if I’m wrong. ideally looking for someone that can give me some rough numbers that it would take to make this first purchase.
The properties I'm looking at are both SFH and Duplexes ranging between $90-150k.
For some additional information that should be helpful. My credit score is currently 698, but varies month to month between 690 and 740. DTI is below 35%, and have a W2 job. I'm always happy to provide more info if needed.