All Forum Posts by: Noah N.

I've spent a lot of time studying and I'm ready to begin looking for my first property. I've decided to house hack multifamily using FHA financing.

this deal looks great seems to meet my criteria any feedback?

I'm estimating at least $400-600 cash flow with 3.5% down on a 30 year plan. using 50% rule and payment estimator.

http://www.realtor.com/realestateandhomes-detail/7...

I've been getting many great answers from everyone on here, thanks guys.

I'm having trouble deciding on location as well as finding market trends. Too many options, any advice for narrowing my options down to specific markets?

I understand the concept of starting small, what is the max i should invest in my first property? 

I'm currently interested in buy and hold duplex rentals, it appears ill most likely have to take out an FHA loan unless i can get seller financing.

Any good resources for figuring out what rent "should be " for my potential investment vs what tenant is currently paying or what the advertisement says? How do i verify what resources are reliable? thanks

Thanks Mark and Kelly,

I found both of your answers extremely helpful, I'm beginning to see clear picture of this aspect of financing.

Thanks Mike Kelley,

Great answer, would you suggest any reliable resources for researching the big 3?

Thanks Adam Drummond,

very helpful, this might be a stupid question. how do i calculate my debt to gross income ratio? do I factor student loans/car loan into that ratio? or is this strictly related to investment loans only?

I understand location is everything. Any reliable tips/resources for identifying past and current market trends for the neighbourhood/street?

I'm currently interested in purchasing a "buy and hold " live in multifamily home for my first investment.

How will my first real estate investment loan affect my credit score and my ability to receive more investment loans in the future. Does a FICO score even factor into real estate investments?

Thanks for the responses, that answered my question.