All Forum Posts by: Brandon O.

@Ryan Billingsley 

how did you all start your campaign if you don't mind me asking?

Man that's great insight and info! taking action is definitely key @Ryan Billingsley 

Greetings all BP members! my brother and I for the past 6-8 months have made a commitment to be RE investors. With my brother being a recent college grad and myself having a family and responsibilities of my own we have limited funding so it forces us to come up with creative financing. What would you all recommend to be a good route to go for our first deal, Wholesale a property, go through private investor/lenders for potential flip of a property, or going through the bank getting a FHA loan and renting out a home or two flat?

Greeting all BP members! my brother and I for the past 6-8 months have made a commitment to be RE investors. With my brother being a recent college grad and myself having a family and responsibilities of my own we have limited funding so it forces us to come up with creative financing. What would you all recommend to be a good route to go for our first deal, Wholesale a property, go through private investor/lenders for potential flip of a property, or going through the bank getting a FHA loan and renting out a home or two flat?

Oh ok we'll if that's the case then it's a good deal. Renting and having to potential to flip if you want is a good route, good luck! @Andrew Syrios 

Most people looking to buy a home are families therefor two bedrooms isn't sufficient enough for a family. Three bedroom at a minimum @Andrew Syrios 

Wonderful thank you both for your comments. I wouldn't mind the tenants remaining there anyway because they're producing cash flow and at times it can be difficult to find quality tenants. @Brie Schmidt 

@Jim B. 

Great morning and afternoon to some, I was hoping to get some guidance on this situation. I was looking for my first investment property to be a two flat and I was considering to go the FHA route for that. My question is what if the seller actually lives on a floor and is renting the other to a tenant, is that tenant required to move once the two flat is sold or can I take over the property and already have one tenant in place. I appreciate any help given, I'm also looking to invest in the Chicago land area suburban areas though.

Paul, I appreciate your time and assiatnce that means a lot! look to connect with you in the near future. I see you're from Boston, go pats?