All Forum Posts by: Mark Douglas
Mark Douglas has started 84 posts and replied 423 times.
Post: Nashville, TN - Single family & duplex rental properties
- Investor
- Nashville, TN
- Posts 429
- Votes 143
Originally posted by @Marcos Flores:
Welcome @Mark Douglas! I'm just starting out too. Have you picked a specific part of town or still trying to figure that out. Good luck!
That's good to hear man I'm excited for you! I'm still getting a feel for the areas, but I'm having more buzz in the SouthEast/Antioch area. You?
Post: Nashville, TN - Single family & duplex rental properties
- Investor
- Nashville, TN
- Posts 429
- Votes 143
@Chaz Reid Thanks! Yes sir I do! (Also keys and drums if you happen to need a musician haha)
@Larry Fried Thanks Larry, I'll have to check it out. Lots of information on BP!
Hey Corey, yes I thought about that but I'm in the process of getting an FHA loan, and was told they don't make loans for duplexes anymore. I think they used to. I'm sure I could get a conventional loan for one, but I don't have the 20% down. Great option though, I'd like to go that route soon.
Post: Nashville, TN - Single family & duplex rental properties
- Investor
- Nashville, TN
- Posts 429
- Votes 143
Hello BP!
My name is Mark Douglas. I'm 22 years old, and totally new to all of this! I graduated college with a B.S. in Agriculture Business in May '13, and just relocated to Nashville, TN in December '14.
I'm currently in underwriting, but I'm looking to eventually break away from the 9-5 and generate a steady income from wise real estate investing, specifically in single family and duplex properties.
By January '16, I hope to have purchased my first single family home to rent out. I'd like to have a few years of solid renting/landlording experience before I incorporate duplex renting.
Any and all advice is appreciated! I know this business is not easy, but I am excited to learn as much as possible and see where it takes me.
Thanks so much. Looking forward to chatting!
Mark