All Forum Posts by: Jordan D LeClaire

Monte Reyment with Take Action Realty Group is a great guy to work with and works with a number of different investors. https://tarealtygroup.com/

It really depends on what is most important to you and your wife and your risk tolerance. Selling it and having the cash on hand for when you return would make the most sense if you don't want to deal with a mortgage or tenants. 

There are a bunch of creative options you could do too depending on what your goals are. You have a 2.65% interest rate which is pretty cool. You could always get creative sell doing seller financing, sub 2, or even rent to own. You have a lot of options which is pretty cool. If you want me to connect you to some people in the area, I'd be happy to help. My wife and I are here in Green Bay. 

I look forward to meeting you both. I will see you there!

@Jeffrey Holst you are right, we are looking to move into either a duplex or a quad. The thing that is difficult right now is knowing that if you can only put down 3.5% for an FHA loan, it will be hard to find a property that will cash flow.

I have been looking at different options for financing my first multi-family property that I plan to owner occupy. I have been considering FHA loans or using a hard money lender. What are the pros and cons of using a hard money lender for your first multi-family property?

@Jonathan Twombly Thanks for the information! I will definitely make sure my first property is a cash flowing property.

@Andrew Johnson I appreciate the helpful advice. 

@Omar Khan I appreciate it brother! 

Greetings! 

My name is Jordan and I am an ESL teacher in the Appleton, WI and have been obsessed for a while now with reading and learning about all things real estate, specifically multifamily homes. I am getting married this March and my fiance and I are planning on buying a multi-family home to owner occupy in the Green Bay area. 

What 3 pieces of advice would you give a young married couple looking to start investing in multifamily properties? 

Regards, 

Jordan LeClaire