All Forum Posts by: Mike Schultz

Hey Bruno!

I noticed a couple things here:

at that price point and 4% interest it would be $1,194.89, you may have missed the 1.75% UPMIP added to loan amount.

Mortgage Insurance would also be $163.99 a month, under 95% LTV is a .8% PMI rate

Also, FHA rates are currently around 3.65% in the market!

Hope this helps!

Thanks Ryan.

Yes I would love to talk!

Hey Jeremy.

I've had the chance to work with Sam a few times and he really is great!

Highly recommend! 

Welcome!

A great place to start when getting into the real estate market is getting your financing in order.

That way you know your parameters as you move forward.

Isaac,

Are you currently in High School?

If so, what are your plans post graduation; college, full-time work?

One crucial part to getting financing is establishing a 24 months employment history (school does count as full time). 

However it can get a little trickier when using part time employment.

I would love to connect to see how I could help you in this area.

Welcome!

I believe @Marc Jolicoeur is talking about these! 

https://www.biggerpockets.com/forums/566-minnesota-real-estate-q-a-discussion-forum

Welcome! It's an exciting process, wishing you the best!

Welcome!

Its a great community with a huge amount experience to pull from!

Welcome! It's a great community full of great contributors! Glad to have you.

Hey Jake!

Welcome, glad to add a well established investor to the community!