All Forum Posts by: Ashley D Moore
Ashley D Moore has started 3 posts and replied 8 times.
Post: Looking to buy first investment property
- Posts 8
- Votes 2
Quote from @Austin McClain:
@Ashley D Moore Dayton or Cleveland Ohio could be a good fit for this. Are you looking for a rehab project? Or something turnkey that will need less work?
Just got a foreclosure on Auction for 21k ❤️ needs some work but still the profit will pay off.
Post: Looking to buy first investment property
- Posts 8
- Votes 2
Quote from @Gloria N Gear:
Buy in Indiana! It is landlord friendly and you can find many areas with $60K properties. I am not sure where you live, but I would suggest buying your first one within driving distance so you can keep an eye on it. If you live near Indianapolis, we have a great InvestHer chapter that is a great place to learn.
Just got my first investment 🙌 a foreclosure outside my hometown of Terre Haute. So excited 😊 needs some work but it was literally 21k
Post: Looking to buy first investment property
- Posts 8
- Votes 2
I live in Indiana and just got my first investment property 🙌 and yes I have my own residence.
Post: Looking to buy first investment property
- Posts 8
- Votes 2
I need assistance I'm looking to buy my first investment property in the $60,000 range? Any suggestions on locations? I live in Indiana currently.
Post: Advice on equity from selling house
- Posts 8
- Votes 2
Quote from @Logan McKay Zylstra:
This all depends on your goals and how big you want your rental portfolio to get. With that being said, if I was in your shoes, I would house hack a multi-unit property. It would certainly require more funds, but you will immediately have your mortgage (at least a portion of it) covered by your tenants.
I wish I could find the right properties! I'm looking.
Post: Equity advice from selling house
- Posts 8
- Votes 2
Getting second home loans or by waiting the guidelines before I can get another loan by moving in for 6 months to a year?
I want financial freedom from my 9-5 ultimately sooner rather than later is my goal.
Post: Equity advice from selling house
- Posts 8
- Votes 2
Hello I recently sold my house and got back $70,000 in equity. I found a cute little house for $87,000 I'm going to get a loan on for 15 years with a down payment of 17,000. I will live there a year then rent out.
That will still leave me with $50,000 roughly to invest in something.
Should I leave for a down payment in a year when I house hack this house I plan on renting out. Or should I buy a cheap 40 to $50,000 house here in my town outright in fair condition and I could rent out for at least 750 a month?
Post: Advice on equity from selling house
- Posts 8
- Votes 2
Hello I recently sold my house and got back $70,000 in equity. I found a cute little house for $87,000 I'm going to get a loan on for 15 years with a down payment of 17,000. I will live there a year then rent out.
That will still leave me with $50,000 roughly to invest in something.
Should I leave for a down payment in a year when I house hack this house I plan on renting out. Or should I buy a cheap 40 to $50,000 house here in my town (Terre Haute, In) I could rent out for at least 750 a month?