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Updated almost 4 years ago on . Most recent reply

User Stats

11
Posts
6
Votes
Janine Iweka
6
Votes |
11
Posts

Starting out in Easton, PA

Janine Iweka
Posted

Hello BP! I've been lurking on the forums for a few weeks now and thought it was time I introduce myself. I'm hoping to close on my first owner-occupied 2-4 unit in Easton, PA this spring. My cousin and I are forming a partnership and will be BRRRR-ing our way to a real estate empire !

A little about us, we were both born and raised in Easton and have a lot of family and friends here. I've worked at the courthouse for 15 years and he's been in maintenance at a local college for at least 10, so we have steady W2 earnings and plenty of transferrable skills. We're starting out with capital investments of $5k each and are looking at a purchase price of not more than $100,000.

I've already learned a lot from this community and am excited to make more connections!

Most Popular Reply

User Stats

171
Posts
80
Votes
Randy Gutierrez
  • Investor
  • NY
80
Votes |
171
Posts
Randy Gutierrez
  • Investor
  • NY
Replied

A duplex in Easton for less than 100k?! Not happening unfortunately. Perhaps if it was the year 2016 ha. I got one for 120k beginning of last year and I thought that was a steal at the time. Today it is worth about 160k and only 8k of work has been thrown at it. Market is crazy competitive in Easton these days. We are looking to convert the third floor to an additional unit, who knows what a triplex would fetch for. 

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