All Forum Posts by: Abou C.

@joshmitchell would you recommend that for beginners or just put down 20%?. my personally goal is to save 100k with my partner and go into a deal of 2-4 units mostly likely 4 unit. But FHA might be good so we can get two property first year, what you think?

@ryancraig  Yea contractors have habit of doing that, that is my biggest fear being out the loop. Because when you do not understand something people take advantage of you. So that is one thing my partner and I have to educate ourselves on. As far as getting great contractors and understanding time frame and product pricing to never get burned. 

Pro and Con of financing with FHA for newbies

2-4 units class B/C and area?, two partners?. 

Investment goal: 2-4 units

Class: B/C

farm area: B/C with value added

what type of financing are their assuming my partner and I have 20% down. Is FHA?

Plan on acquiring my first property next year with my business partner, we will focus on value added in a B/C class with great employment and etc as other factors. First property will be max 2-4 but I would like to know what are some rookie mistakes to be avoided?. 

As first time investor how does one conduct effective due diligence and cover ones basis?. 

What material should be asked or checked and verified?.

Very true, great insight. 

My business partner and I would like to visit and tour investment properties in our current location to see whats on the market as know as (window shopping). Is there a way if we found a property on how to contact the owner and request a tour of it?.

Great idea ned.