All Forum Posts by: Shane Moynihan

Hi Chris, I work right out of Keene and I am an agent and investor with a few properties in town. Feel free to reach out! My cell is 603-769-7218

Hey @Thomas Murphy! I am an agent and investor in Keene, NH and have 4 units throughout 2 properties. I see that you mentioned NH is pricey to enter as an investor but I would love to learn a bit more about where you are looking in New Hampshire? And are you looking to just do a 20% down type deal or would you be looking to house hack something? 

I know that Manchester to the coast can be expensive but out west a bit more the prices are much more reasonable and not a huge difference in rental rates. 

Let me know if I can help!

Hey @Mike Silva I am an agent and investor out in Keene, NH. I grew up over towards Milford and I also got started through house hacking a duplex. I currently am on my second property doing the same thing. If you have any questions I can help with let me know, I love house hacking!

Hey Justin, I am out in the Keene, NH and will certainly keep you in mind if I see anything pop up!

Hi @Alecia Loveless, one of the go to lenders I know would be Community Home Loan Fund. But I am not sure if they would do it for investment purposes, but it is worth a shot!

Hi @Joe Herrmann, I am a bit confused on why you are trying to save 10-16% of the purchase price if you are stating that you are using an FHA loan? Usually to roughly run numbers, take the 3.5% down payment and then another 3.5% for closing costs, so that 7%. I understand that you probably want to have some savings/reserves but I just don't see why 10-16% specifically.

To answer the partnership question, I don't think you would really be able to do that route if you are going FHA because that means it is your primary residence.

As far as the off market deals, this is hard, costs money, and is time consuming. Unless you have to time to put into it I think your best bet is finding an investor friendly agent that works on getting those and they could be your connection for that type of deal.

All this being said, I am not sure what part of NH you are in but like others have mentioned the market is very competitive right now and can be challenging for someone using an FHA loan to get a multifamily under contract. Not impossible though.

If you have any questions that I could help with feel free to shoot me a message. I also have a 3 unit building in Dublin, NH that could possibly work for you. 

This is going to be a meetup to just have the opportunity to get out and network with some like minded individuals. So feel free to come and let someone you know that is interested in real estate investing about it! See you there. 

@Kris Roy Hi Kris, I second Sasha, Ann Connor with Unicron is who I usually recommend to people. Let me know if you have any other questions about the Keene market, I am an agent and investor here!

Hey Everyone! Next real estate investing meetup is set for February 15th from 6pm-7:30pm at the Hannah Grimes Center in Keene, NH. There will be a guest speaker talking about cost segregation for rental properties and a lender to speak on the loans she offers! Please share this around and invite a friend!

Hi @Bridget DiEoreo, if you are looking specifically in NH with it being such a small states sometimes it is hard to find good websites that have updated numbers. But I would suggest looking on apartments.com, Facebook Marketplace, and even Craigslist to get a feel of what the units are listed for and base your numbers off that. I have 4 units in Keene, NH so let me know if I could be of any assistance!