All Forum Posts by: Blaise Bevilacqua

@Mohammed Rahman - thank you so much for your feedback. Will shoot you a text shortly and will check out your YT channel -- great resource! 

My wife and I are currently renting in NYC. Our lease is up in September 2024. Our goal is to purchase our first multi-family in Brooklyn or Queens and move in once our lease is up.

Background

- Both work remotely
- No debt / No Kids
- $250k+ in savings for a downpayment (should we do an HFA?)
- Family is full of General Contractors

Goal
- Plan to live in 1-2 Years before doing a cash-out refi for our next property
- Goal is to lower our monthly rent. Anything below $3200 is a win

Anyone have first-hand experience going this route? Curious what the first step should be after we've solidified our budget.

Open to any suggestions, ideas, and comments. Thank you 🙌

@Michael Smythe

@Samuel Boyd -- this is the exact thing I was looking for. Will send you a DM! thank you man! 

Hi! I've caught the house hacking bug and looking for any advice on this game plan. My wife and I are new to the REI world and are currently renting in NYC. Our lease is up in September 2024 and want to begin our house hacking journey.

We're thinking of FL as the first place for us [I could see us there in 20+ years & no state income tax is nice]. The long-term goal is to have FI ($5k+ monthly cash flow) through multiple properties.

- Both work remotely [ideally HH in Miami, but we understand this is a tough market]
- No debt / No Kids (yet) with $250k+ in savings for a downpayment. Thinking of going the HFA route as well. 
- spending December in Miami for research mode

I've connected today with an Investor Friendly Real Estate Agent to kick start the process. When should we start making offers knowing our lease is up in September?

Open to any suggestions, ideas, and comments. Thank you 🙌

My wife and I are new to the REI world and are currently renting in NYC. Our lease is up in September 2024 and want to begin our house hacking journey. We're thinking of FL as the first place for us with a long-term goal to have $5k+ monthly cash flow through multiple properties.

- No debt / no kids (yet)
- Both work remotely [open to any market outside of FL as well]
- 3 years worth of savings
- spending December in FL for research mode

I've connected today with an Investor Friendly Real Estate Agent to kick start the process. When should we start making offers knowing our lease is up in September? 

Open to any suggestions, ideas, and comments. Thank you 🙌