All Forum Posts by: Aylan Igueni

I am looking for a tax specialist in or around Delaware country or Philadelphia.

Hi everyone, any recommendations about a good accountant in or around Philadelphia PA?

Thanks

Congrats

Thanks Jim

Hi guys, I’m new to investing... I’m looking into this quad with a storefront. I talked to local banker who is willing to help me get the deal done, but i have to do it under an llc ( commercial loan 25% down 5year fixed ) Cause the store is 30% of the property. My original plan was to refinance my primary residence out of the FHA ( about 200k equity) then purchase the quad FHA( owner occupied), rent out my house and have money left to find another property... Help me see this clear , thank you

thank you all,

my mortgage as of now is $582 the rent for similar houses in the area are $1200/1600,

should I go with the HELOC or cash out refi?

and what is the best way to qualify since banks ask for 2 years yet my first year in business wasn't that great...

thanks for your support,

hello everybody and thanks for all you do...

This is my story:

I purchased a house in 2012 FHA. the house needed a big upgrade and a lot of work but was livable!

so I got it with a great price and a great interest rate. at that time I got qualified easily for a mortgage cause I was working as a pest control technician... 

Comes 2015 I quit my job and started my own pest control business...at the beginning things were slow so I took that time to remodel the house while leaving in it with my wife and kid...and maxed up most of my credit carts... to make the story short, as of now my business is growing ok, the equity on the house is about $100,000 and sweat equity about $50,000 and the neighborhood still going up. 

I found this triplex where the numbers look great... my question is what is my next move?

knowing that it's hard for me to qualify for a mortgage....

thank you and thanks to bigger pockets