All Forum Posts by: Andriy Likhman

Thank you for the advice, I will definitely look into having a partner for my deal. 

In my case, that won't be an option to have a co-borrower/signer. 

I'm looking to buy my first rental property in Columbus, OH, and ideally, do a BRRRR on it. But here is where my push back came in. Lenders want to see a good and steady income for the past 2 years, and I've been a business owner the entire time and by having a good accountant I barely showed any income for the past 2 years. However, I have about $50k to put down all in cash. Is there a type of lender or loan that will not be based on my personal income? Should I open an LLC for my first property? And how to go about showing cash without paying crazy taxes? Need Help!!!!

Hi everyone! I’m looking to connect with new people here in NYC and possibly find a deal with someone. Are there any investors in NYC / North Jersey looking to work together, share and connect ? I’m very open and excited to meet new people!

@Brandon Goldsmith thank you and that is where I am going to start!

@Remington Lyman thank you the article came in very handy!

Hi everyone after a long time of reading and learning here it's finally time to introduce myself. My name is Andriy and I'm from Brooklyn, NY.

I am looking to purchase my first rental property but I'm lost when it gets to location picking. Real estate in Big Apple is too crazy, to begin with, so I need something out of state. How to decide on the market? What to look for? Does it matter if it's a 3-hour drive or on the west cost? How is the experience of purchasing out of state when it comes to my availability there? 

I have about $50k cash to make the deal and pre-approved for $200k property with 15% down. 

Open to all advices on which location to start looking at with my budget. 

Hi everyone after a long time of reading and learning here it's finally time to introduce myself. My name is Andriy and I'm from Brooklyn, NY.

I am looking to purchase my first rental property but I'm lost when it gets to location picking. Real estate in Big Apple is too crazy, to begin with, so I need something out of state. How to decide on the market? What to look for? Does it matter if it's a 3-hour drive or on the west cost? How is the experience of purchasing out of state when it comes to my availability there? 

I have about $50k cash to make the deal and pre-approved for $200k property with 15% down. 

Open to all advices on which location to start looking at with my budget.