All Forum Posts by: Shannon Covington

I suggested this based on my experience of having done two properties the 20% down path and wishing I had gone the 3%way. If Josh is looking in his listed area, he should be fine with a FHA. I own in high rent/tax areas. So 20% worked better but I would have taken 3% if it worked with my goal and kept some cash in my pocket. I was not interested in staying in my first investment property, so 20% it was. I am currently looking at both options for additional investment property in and outside of my area.

Hi Paris,

Thank you and can you pm me the property summery. Does it have the size of the lot in it?

Regards,

Shannon

Hi Paris,

What is the condition of the property? How old is it and when was it last renovated?

Thanks

Hi Josh,

I agree with Brandon. The best way to go for a first time buyer/investor is a duplex using a FHA loan. If your credit is good and you have the 3% (or can get it), go that route. This will allow you to save for another loan or make improvements to the property your in while the renter pays the mortgage. Best of luck in your investing!

Hi Tom,

Can you pm houses that you are currently working on? Also are you working any multi units?

Can you pls PM location and pictures of this property. Thanks.

Hi Corky,

Can you please PM the details of this deal. Thanks.

I completely agree.

Hi Matt can you email additional information and interior pictures that you have on this property: [email protected]

Hi Joe,

Can you send me additional info: [email protected]