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All Forum Posts by: Alexander Ferrer tortorelli

Alexander Ferrer tortorelli has started 4 posts and replied 19 times.

Post: Looking for a Class B SFH to invest in Fort Worth area.

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

@Joe Funari thank you for replying , what area can you recommend , I live between Keller isd scholar district, I have been trying to buying near my place , but places are selling in leas than a day , other places that you would recommend ? Thank you in advance

Post: Looking for a Class B SFH to invest in Fort Worth area.

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

Hello Everyone , I have recently refinance my house loan , and paid off all debts ( cars, credit cars , etc , within last 2 years) . Now that i have saved up , and i am in a secure spot , i have a secure job ( I do Hvac residential and general maintenance for apartment units) i feel ready to invest , i have been looking for SFH , but when i analyze deals , they don't seem to make good cash flow, this is kind of holding me back . Properties taxes are really high and eat up all the cash flow . Does anybody have any particular place in mind in fort worth area ?

Post: How long did you wait/research before you jumped into investing?

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

@Andrew Freed thank you so much for the input .

Post: How long did you wait/research before you jumped into investing?

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

@Andrew Freed if I recently purchased my house a year ago for 250 k , but now it appraised to 280k due to Covid because everybody wants to move to Texas , can I do a heloc on that one ?

Post: Florida Properties-Kissimmee & Davenport

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

@Travis Rasmussen hello there I’m currently here on vacation , and i would like to ask you a couple of questions if you mind

Post: Should I refinance my home ? My currently interest rate is 3.5%

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

@Steve Morris thank you I’ll call today

Post: Should I refinance my home ? My currently interest rate is 3.5%

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

@Scott Gaspar thank you sir . I will definitely call today

Post: Should I refinance my home ? My currently interest rate is 3.5%

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

Hello , I am veteran , bought a house in Fort Worth a year ago for 255k for 3.5% rate , I am getting all kinds of letters in the mAil to refinance for 2.5%, is it worth refinance ? , if it is , how much I would be saving monthly ?

Post: What's stopping you from buying your 1st investment property?

Alexander Ferrer tortorelliPosted
  • Specialist
  • Fort Worth
  • Posts 27
  • Votes 9

@Salvatore Lentini

I have flipped my own house once , lived there for 2 years , improved it as I lived there , make some good cash , and now I live in Texas , saved up good money on top of the cash I made , and I want to start with my first rental buying a duplex or multiFamily , but I don’t find any good deals , what kind of search would you recommend to me , I don’t really care if I’m not cash flowing a lot , but definitely return on cash needs be more than 8%.