All Forum Posts by: Tonette Whitted

@Tonette Whitted For a property that needs work like the one you are talking about you could use a FHA 203k loan which lets you wrap the renovation costs into the mortgage, minimizing your out of pocket expenses. You can also ask for up to 6% of the purchase price from the seller to put towards your closing costs. FHA loans also let you use "gift funds" from family members towards the down payment and such if that is a possible option for you.

Hi Tonette! I'm new to the community as well and super excited to meet fellow newbies on this new journey. I'm a Systems Analyst for the day job, but RE financial freedom is the goal! Wish you the best, and I'm sure we will be communicating in the future.

@Tonette Whitted Welcome to the Beaver County investing scene!  There is a lot of potential in the area and @Jeremy Taggart is a great resource to investors in our area.  

Welcome to the site @Tonette Whitted

Hi @Tonette Whitted nice to see a fellow Beaver Countian on here!! Driving for dollars is a great way to find motivated sellers. Check out the new book published by Biggerpockets, Finding and Funding Great Deals. I'm currently reading it and it has tons of great ideas to find deals without having to have a lot of money. Also idk if this is an option for you but house hacking is a great way to get started without having to have a bunch of money for a down payment. If you have any questions about the local area feel free to reach out!

@Tonette Whitted Welcome to BP! Sounds like you are on the right track. Reach out to some local investors, thats the best way to get started! Good luck!

Welcome!

Hi, Tonette Whitted ! Welcome to the BP community and good luck to you getting started :)