All Forum Posts by: Account Closed

@Darren Eady @Dan Wallace @Chris Cambridge

Thank you, gentlemen for your feedback. Much appreciated!

Hello everyone,

I have been investing since June 2014, with two properties under my belt (both purchased in 2014 - SFR and a duplex). I would like to purchase a 6-unit property. My question is, should I be concerned about the length of time I've been investing to qualify for a loan? My credit is excellent and I would be able to put down 20-25%. I guess my concern was I won't have a full year of figures until 2015 closes. I didn't know if that would be an issue.

Thanks!

Does anyone know a good property manager for north Philly?  It is for a duplex (row).

Thanks!

I used gifted funds to purchase an investment property recently.  I encountered the same thing @Jennifer T. did.  They just required the person making the gift to state that it was in fact a gift, not a loan, and did expect any repayment whatsoever.  No problem at all, just additional paperwork, of course.  This was through a mortgage company, not a bank.

@Jerry Stanford Thanks!

@Renea Steward Thanks!  Believe me, it wasn't without a little (a lot!) hesitation! :-)

@Donald Howaniec @Trevon Peracca

Thanks!

Thanks @John Mathewson !

I struggled with this for a while when I first got going.

I would have to agree with @Ned Carey .  While there are a ton of variables to consider, I focus more on the deal and the numbers than the type.  My first two properties were SF and MF.  Both have worked out great!

@Jorge Poveda@Mark Ainley@Account Closed@Ned Carey

Thank you for the welcome, gentlemen!

I have quickly realized just how much information you can find on BP.  Truly great.

Hi everyone.  My name is Matt; I live in Chicago.  

Started RE investing last year.  Looking forward to experiencing all that BP has to offer!

Cheers!

...and Go Cubs!