All Forum Posts by: Melba Chambers

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@Brandon Ribeiro Many states offer programs for 1st home buyer that help with the down payment as well closing cost. Often realtors and/or lenders can give you more info. But try google that may tell you what is available in your area. That may speed up the process for you.

Has anyone ever invested in a RV park/resort? If so, what are the pros and cons?

Congrats @Sean Rooks...learning is the biggest part of this business, even in the errors you still come out on top. Good job.

@Mehgan Moore I was also looking at condos as a good investment, however I am a little concerned with the HOA fees going up and then been stuck with still coming out of pocket to pay HOA fees after the tenant has paid the mortgage.

When getting financing for a rental property how do you decide which mortgage option to go with?

@Michael Goldsmith I will look will check the change the number and looks at it again and the interest rate from from the 1st approval so I'm waiting on one more. 

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@Scott Mac I guess I’m asking should I get a buy and hold, flip or multi family?

I have 40K for my 1st investment...I really would like to hear some opinions on what type of property you would invest in 1st! I would be investing out of town so house hacking is not an options.