All Forum Posts by: Andre Wilson

No I haven't.

Hello BP,

I recently relocated to Houston to further pursue my career in RE investing and im looking to connect with other RE investors looking to build long term relationships with. My primary focus for the Houston RE market are flips and wholesaling.

I'm also interested in attending RE meetups and networking sessions if anyone knows of goods meetup dates this is something I'm highly interested in as well.

I'm pretty new to the Houston Tx market and would like to know more about knowledge on the area such as up and coming neighborhoods, market trends and general location of the neighborhoods. 

Thank you.

Hello Bp,

I am a new investor here in Houston, TX from Upstate NY starting out in RE investing and I would like to connect with other Houston Investors. 

I also would like to know more about the Houston market along with the do and do not's of Houston RE!!

 ok thanks I'll check it out

Ok thanks and yea multiple properties under one loan

Hello BP,

I'm currently looking to buy my first investment properties here in Rochester, NY. I would like to bundle about three properties with one being a single family and the others being at least two-four family where I would like to do a owner occupancy.

I'm planning to get pre-approved for a loan with a low down payment (3.5%) that will allow me to bundle any three properties that I find. I was thinking about using the FHA approach so I can also do some renovations my budget for the properties is 120,000 which is very doable in this market.

My main issue as of now is to find a lender who has products to fit my needs as close as they can so I can begin my journey as a real estate investor earning passive income and providing great homes for my tenants.

If anyone can point me in the right direction that would be greatly appreciated or refer me to any local banks that may fit my needs.

Thank you!! 

Hello BP,

      I'm currently looking to buy my first investment properties here in Rochester, NY. I would like to bundle about three properties with one being a single family and the others being at least two-four family where I would like to do a owner occupancy.

I'm planning to get pre-approved for a loan with a low down payment (3.5%) that will allow me to bundle any three properties that I find. I was thinking about using the FHA approach so I can also do some renovations my budget for the properties is 120,000 which is very doable in this market.

      My main issue as of now is to find a lender who has products to fit my needs as close as they can so I can begin my journey as a real estate investor earning passive income and providing great homes for my tenants. 

      If anyone can point me in the right direction that would be greatly appreciated or refer me to any local banks that may fit my needs.

Thank you!! 

Hello BP,

I'm currently searching for a 3-4 unit in the Rochester, NY area and will going through ways to finance my first purchase I came across the 203k loan.

I've done some research on this particular loan and it seems like it has many great advantages that may work well for me, but I would like to know from previous experiences, what are you guys opinions.

if anyone has used one before how was your experience? what are some things I should be aware of? pros and cons? will you use again and is it a smooth process?

Thank you!

Hello BP,

I'm currently searching for a 3-4 unit in the Rochester, NY area and will going through ways to finance my first purchase I came across the 203k loan.

I've done some research on this particular loan and it seems like it has many great advantages that may work well for me, but I would like to know from previous experiences, what are you guys opinions.

if anyone has used one before how was your experience? what are some things I should be aware of? pros and cons? will you use again and is it a smooth process?

Thank you!

Thanks for your response

After doing some research I found out that the property does need a little bit of cosmetic work I'm doing a walkthrough this Sunday so I will have a better idea of what work needs done the property was once a double that was de-converted, also there is a lien on the property of about 18k which raises great concern, seller says they will take care of the lein at closing.

Thats all the info I have for now until Sunday.