All Forum Posts by: NA Jones

Hello.. Anyone have a CPA they can recommend who works with buy and hold investors, preferably located in Harford County or Cecil county maryland?

Thanks in advance :)

When you say 6 months reserves for all properties - does that include the one you intend to buy?

25% down?  

I've been budgeting 20% down, 5% for closing costs.  I'm wondering about reserves - how many months of our personal mortgage (and/or the new loan payment) should our reserves be able to cover?  

Forgive this completely noob question, but my husband and I will likely try to finance our first property the uncreative way with a conventional loan.

Does anyone know what a lender is likely to require regarding down payment, closing costs, reserve funds, credit score, DTI, etc?

Thanks in advance for any insight you can give!

How did you know I hung my license there two weeks ago?! ;)

Passed my exam yesterday - looking to hang my license in Harford or Cecil County.  Any suggestions?

How can I find out how much a HUD home sold for if not in the property records?

(This is the record: http://property.lumpkincounty.gov/SearchDisplay.aspx?ParcelNumber=023%20%20%20%20182)

Good morning everyone :)

We are evaluating our first buy and hold.. a little 700 sq ft 2/1 bungalow. It will need quite a bit in repairs, but we have zero experiencing in estimating costs of repairs.

When evaluating a property, how do you best ballpark the figures for rehab? Anyone have any lessons they've learned that we'd be smart to learn early? We just don't even know where to begin.. short of scouring the forums here for related posts :)

Thanks in advance!

Thanks for all the warm welcomes guys. I know Hev already introduced us both, but I just wanted to share my appreciation for all the resources that are available through this site and the helpful members out there. @Brandon Turner and @Ali Boone - There just wanted to get those tags in... thanks for all your guys blogs/videos/webinars. They are AWESOME resources for newbies. PS - can't wait to not be a newbie someday :P

- Sam

@Vaughn Lewis - We've been looking at local REIA group... Love the idea of a HarCo sub group! Check your inbox... :) Thanks!

- Hev