All Forum Posts by: Emran Chowdhury

@Thomas Delacruz

I would suggest to go to local REIA meet up, most of them should be virtual now. Biggerpockets regional forum might be another place to start. If you dont mind online mentor who are not co-located, this post might help you too :) Connect with someone who is looking for investment opportunity and already investing for few years.

@Mayalina Depas

First place to get started obviously talk to few brokerage companies to understand/compare the differences. Some of them will have extensive training, some of them will have attractive commission structure. Let me know if you need a referral :)

@Artem Shum

You need to analyze your deal, there are some biggerpocket material i.e. calculator, youtube videos, BRRRR analysis. You should spend some time to better understand the process

@Micah Shackelford

Most likely you need to talk to FHA lender to find out their refinance options. Sometimes they have strict regulations which type of property you could buy/refinance with FHA loan and primary residency requirement.

Based on the preferences, I would have done the following -

1. First priority House hacking with MF i.e. Duplex, Triplex

2. Buy a SFH as owner occupied property and rent out 1/2 room if possible. Good thing is that you can get low interest mortgage or even FHA loan

3. Buy a SFH, live there for a year, then make it a rental property and move to a new house

4. Last option is to buy rental property as first purchase, dont forget you wont get best mortgage rate and you will have to put more down payment than your primary residence

@Jake Vayda

It all depends on how much renovation is needed. If it is small and can be done by property management company in house - that is your best bet. Otherwise managing huge out of state renovation would be tough. There are multiple ways you can fund your deal i.e. hard-money, bank finance + out of pocket refinance & then conventional refinancing at the the end.

Thanks

Emran

@Dung Nguyen

I started in My own area : Seattle and after couple of rentals I found out I need to search out of state. I am investing in different mid west states for last 3 years. Feel free to connect if you need any help in doing that or want to partnership in next deal.

Thanks

Emran

@John Powers

Fix and Flip, BRRR & Hard money lending to get started.

I do partnership with financing & renovation too.

Thanks

Emran

@Roshan Khadka

Lets connect for future business together.

@Jason Chung

Lets connect, I will be able to help with the local area research and investment opportunities. I am investing in this area for more than 4 years and I am licensed real estate broker.

Thanks

Emran