Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago,

User Stats

86
Posts
5
Votes
Alfred Castillo
  • Residential Real Estate Broker
  • Bronx, NY
5
Votes |
86
Posts

I am planning to purchase a Triplex In Camden New Jersey

Alfred Castillo
  • Residential Real Estate Broker
  • Bronx, NY
Posted

Hey, Hello people I just had couple of question about purchasing and making some rental income. As I am new to this forum so far I learn so much only in the the few hours that I been in this forum. The question is I am 21 years old I am want to retired by the age of 27- 29. The question is for a beginner is a Triplex is good start plus there are already tenants renting out the place, its turn over key operation and they are selling the house for 155k and I already did all my calculation like the annual income, operation cost, taxes, insurance, mortage, and vacany rate incase I cant find no tenants within 6 months.
I am still looking around and I lucky I save already 10,000 dollars for the deposit and my father said is was going to lend me his credit to this this bussiness venture althought his credit is 662 because they did credit theft will a bank give him a loan and can I but my name in the loan ? 8)

Loading replies...