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All Forum Posts by: Amy Charpentier

Amy Charpentier has started 1 posts and replied 3 times.

Post: Looking to buy first home/investment property... but...

Amy CharpentierPosted
  • Mount Holly, NC
  • Posts 3
  • Votes 0

I'd really enjoy that... thank you for the invitation!

Post: Looking to buy first home/investment property... but...

Amy CharpentierPosted
  • Mount Holly, NC
  • Posts 3
  • Votes 0

Wow thank you so much for that information Jay! Yes I know I definitely need to read up on the landlord/tenant legalese in NC. I'm at the point of getting pre-qualified now... Ironically enough I'm from NC and will be living and investing there...But I'm in your neck of the woods at the moment for work in Fresno through the summer... My first CA experience out here. Thank you for your time in responding.

Post: Looking to buy first home/investment property... but...

Amy CharpentierPosted
  • Mount Holly, NC
  • Posts 3
  • Votes 0

So I'm ready to buy my first home!! I'm looking for this to be my first home and investment property. I'm looking for duplex/multi-family properties... BUT! So many of them... especially one I'm really interested in are marketed as being leased out/long-term tenants/cash-flowing properties. I get that that's a good thing... and I'm sure this question is a red flag "hello newbie" investor. What if I want to live in one of the units but they're all under lease... or even how do you evict someone because you want to live there... how would it effect an FHA loan if the units are all rented? I'm already on a big learning curve here. I'm not sure I want to take on having to figure out how to evict someone on my first property purchase.

Thanks so much for any help!