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All Forum Posts by: Austin Shuster

Austin Shuster has started 15 posts and replied 30 times.

Post: Where can I look for deals

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
I tried looking for deals in the upstate NY area and I cannot find a darn thing. If anyone knows of someone or knows of a site it’d be a huge help!

Post: Problem with a contractor - advice needed!

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
Mike Reynolds please get back to me as soon as you can.

Post: Problem with a contractor - advice needed!

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
Mike Reynolds please message me I have a few questions I'd like to ask. I don't know how to message you. Anyway, I am looking for contractor work. I'd like to land some government contracts and make some good money. I am a flooring contractor and can do everything except electrical work. I love to chat with a guy that has much experience in the field.

Post: Need help with this deal!

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
Hello Bp, I am trying to figure if this is a good deal or not. 4.5 million 557 unit (most of them need 5,000 rehab) -150 1 bed -361 2 bed -38 3 bed -8 4 bed Owner is offering financing but only with 25% down It's in Memphis, TN

Post: Oneonta, New York

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
Angie Williams I cannot find the request button but yes we work out that way
Frank procopio is the man to contact, he knows everything there is to know about real estate. He's an active investor and he is a broker at Procorpio reality

Post: Oneonta, New York

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
Hello, my uncle has been doing it his whole life and my father and I do flooring. Add me and message me, I'll give you his number

Post: Why Rent to Own Makes Sense For Newbie Investors

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
Wow, reading that is really making me debate wether or not I should flip my first house or put it up for "rent to own" Wendell De Guzman

Post: 203K Contractor

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
There are two types of 203k loans: a streamlined version and a regular version. The streamlined 203k program is meant for homes that don’t need structural repairs and are capped at a maximum of $35,000 in repairs. No minimum amount of repairs must be made. Traditional 203k loans have a minimum requirement of $5,000 and can be used for structural repairs. Both loan programs require the repairs to start within 30 days of the loan closing and to be completed within six months. The FHA has specific guidelines about types of projects you can finance with a 203k loan, but generally the only home improvements that you can’t finance are luxury items such as adding a swimming pool.

Post: Starting with a home equity loan?

Austin ShusterPosted
  • Brewerton, NY
  • Posts 33
  • Votes 5
Would it be smart to take out a home equity loan in my house to start rehabbing houses? My house is worth 140,000 roughly