All Forum Posts by: Keleisha Carter

I am seeking to purchase my first property in Orlando near UCF or Walt Disney. Looking for other investors to connect with in the area.

@Rita Medeiros Thank you Rita. Wont be in that area until December/January. Would love to come to one then.

@Vincent Sottile I’m a newbie as well. I started off all over the place and got overwhelmed. I read the Ultimate Guide to Real Estate Investing and that was a huge help. From reading the book and listening webinars, I became more interested in Rental Property Investing. I then proceeded to read Rental Propert Investing (I can email you this book). It gave me even more clarification on what I need to do.

I found my interested area (Florida) and started looking in areas that I would be interested in, sound a few agents and asked for them to add me to their mailing list. From this, I started analyzing more deals which peaked interests for additional questions. I would post the deals in the forums for experienced investors to help guide me with the numbers.

Zillow has this thing where you can have an idea how much you are pre-qualified for and connect yoy with lenders that can guide you. This helped me to havr an idea, of my next step and what I need to get pre-approved. So my current status now is getting everything in order, down payment and then I will get pre-approved and I’ve spoken to lenders to have an idea who I wanna work with.

Hope this helps

@Harry Aiken Hi Harry, You can use 3.5% to be on the safe side seeing that you are using the FHA Loan. Also, Include PMI. You can find this figure on one any of the MLS websites once you search for the property. Closing costs are usually 3-5% of the purchase price. As @@Tim Herman suggested, include garbage, sewer etc.(which you can also send a request to agent and ask for these numbers) or you can visit the county website. Depending on the state of the property, you can negotiate the purchase price and see at which price makes sense for you.

@Roman M. Cross Country, Supreme Lending Realty, Finance of America Mortgage

Been searching for deals and spoke to someone about a year ago to have an idea what I will be approved for in terms of the amount. Taking the first step in getting pRe-approved so I can confirm the amount I am able to spend when searching for a home. This will be my first investment property and thinking of house hacking/Airbnb which ever works with my numbers. Any suggestions of lenders or traditional banks I can contact.

Thanks in advance BP Fam

Hi @Jason Gregory Thanks, you forgot to share the website link

@Rita Medeiros Thanks for the invite Rita, but I will be on Boston until January

@Tim Bradley Thanks Tim. Will check them out

@Aaron Arce Thanks Aaron