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All Forum Posts by: Arturo Smith

Arturo Smith has started 5 posts and replied 11 times.

Post: Cash out REFI or BRRR with hard money

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4

I would say ash out refi, pay the loan back on the refi. Then you have the rest of the money to invest in other properties while still owning that original property, and receiving rental income. 

Post: Starting Out - Spouse NOT on board. What do I do? HELP!

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4

Sometimes you have to educate your significant other on long term investing. Its not that she doesn't want you to have ventures, she doesn't understand the timeline of acquiring a home and what type of value it will bring to your family. 

Post: Starting Estate company with my mother but my credit is shot??

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4

My mother is in the beginning process of purchasing a home in the Bronx, NY as an investment property. My question is would i be able to be an owner as well if I did not put any money down. Also, how would members start the actually business platform to where me and her are 50-50 partners? 

Post: LLC? Rentals?

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4

Thank you @Crystal Perezand@Matthew Kreitzergreatly appreciate the insight.

Post: Wholesaling Deals in Pre-forclosures

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4

Is there a way to wholesale a deal with a owner thats in pre-forclosure? If so, how would you set that deal up?

Post: LLC? Rentals?

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4

Question? If i have an LLC in New York, am I able to still buy income properties in Baltimore, Maryland and put those assets under that LLC?

Post: How to start wholesaling in New Jersey, but live in New York????

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4
Originally posted by @Joseph Scorese:

Start Networking @Arturo Smith, get educated, read books, make it happen. If you need some forms that I use to evaluate deals for just about anywhere I buy. Please contact me privately. Regards, Joe

Hey Joe, you will most likely see this in the morning but I will definitely take you up on that offer. I'm emailing you now. Extremely grateful! 

Post: How to start wholesaling in New Jersey, but live in New York????

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4
Originally posted by @Steven Lewis:

I have been looking for Meetups in the NYC/Jersey area.

Where are you finding these meetups?

 Hey go on meetup.com they have them for New York, New Jersey, Philadelphia. Reia meet ups can't miss them

Post: How to start wholesaling in New Jersey, but live in New York????

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4

Post: How to start wholesaling in New Jersey, but live in New York????

Arturo SmithPosted
  • Rental Property Investor
  • New York City, NY
  • Posts 11
  • Votes 4

Can someone help with explaining how to step into the wholesaling market in Jersey or just in General?? Please, would be extremely grateful.