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All Forum Posts by: Bradley Pietrzak

Bradley Pietrzak has started 20 posts and replied 43 times.

We talked about fha loan. My and my morgage lender buddy if i did do that and had owner occupy would anyone honestly know? It would help me out tramendously when we looked id only have to hit like 5 percent down instead my think is that this will cashflow nomatter what so if i can put as little in this as posible the more for other investments

ive went to a bank. And a buddy who is a morgage lender and it seems nowere i go can i find 20 percent they all say because its an investment it has to be 25 percent this is my first property i am financing it through credit it will still cashflow with the property managment company im just so new with this. I hope im on the right path.. i guess ill figure it out soon :)

Post: I understand turnkey is more expenisve

Bradley PietrzakPosted
  • Minneapolis, MN
  • Posts 44
  • Votes 6

holy macaroni thank so much everyone i am very greatful for all of the support and wonderful people that this forums have. I feel like i have a bibles worth of info on real estate at my finger tips 

Post: I understand turnkey is more expenisve

Bradley PietrzakPosted
  • Minneapolis, MN
  • Posts 44
  • Votes 6

hrm alot to ponder on thanks. I think ill start with loc investing first and once i understand more from doing then i will move to turn key  for out of state real estate

Post: 50 percent rule

Bradley PietrzakPosted
  • Minneapolis, MN
  • Posts 44
  • Votes 6

thanks this really helps :)

Post: I understand turnkey is more expenisve

Bradley PietrzakPosted
  • Minneapolis, MN
  • Posts 44
  • Votes 6

im really liking turn key but it looks like you mite need more  of a downpayment to make it work with the 50 percent rule. Like a 1 third downpayment or 50 percent to make it cash flow worthy is this just the nature of the beast or am i just not seeing the right propertys what are some of your experiances?

Post: How do i find turnkey companys?

Bradley PietrzakPosted
  • Minneapolis, MN
  • Posts 44
  • Votes 6

i for whatever reason cant find any on google... how do i know if there reliable?

is becomeing a home inspector smart it is marketable and could also provid you eith income and save you the money if you have the money to buy a decent amount of propertys a year. Is this somthing i should look into? Or toss it just build a team with one in it

What about appraisal?

Post: 50 percent rule

Bradley PietrzakPosted
  • Minneapolis, MN
  • Posts 44
  • Votes 6

ok so i know how important this can be. So lets say you follow and you have this huge money stockpile from it over a year is there any point like a per rental number were you just say ok this is enough in reserves i can pocket that 50 percent now untill i use those reserves for maitnance and such

Post: Could you force passive income?

Bradley PietrzakPosted
  • Minneapolis, MN
  • Posts 44
  • Votes 6

Time to also read that beginners guide