All Forum Posts by: Peter Tate

Hi everyone,

I recently just closed on my first multi-family property in the Chicagoland area. I financed the loan with an FHA 203k loan. I am looking to buy my next property within 8 months and I am trying to understand how can I acquire another property with a low downpayment. I know FHA has a few requirements regarding having multiple owner occupied loans at once.

Any help or feedback would be great.

Pete

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $375,000

FHA 203k is an overlooked way to add values to homes with low money down. The process wasn't easy but very well worth. I would love to explain more... let's connect.

Good afternoon everyone,

I recently closed on my first property using the FHA 203 K loan. With that being said, I am about to start the renovation but I currently have tenants in the building that are Section 8 tenants. How can I get that out of the building properly? PLEASE HELP!

Thanks,

Pete Tate

Good morning everyone,

I am looking for some guidance on a FHA 203K loan. I am trying to figure out future ARV and the rehab cost in order to see if this deal will be right for me. Any insight on this would be great. I'm looking to connect and pick some brain's on some educated people. Look forward to connecting.

Best,

Pete

Hi everyone,

My name is Peter Tate and I'm a new investor in the Chicagoland area. I am looking to do my first house hack in the area, but I don't know what area I should invest in. Any help/advice that can help me figure out this solution would be great.

Thanks,