All Forum Posts by: Corey Bogaski

 The interest rate on the loan is 5.75%. I hhonestly have no clue where its at on the amortization schedule. I didn't even think to ask that so I will figure that out. The property is borderline carrick/brentwood. So, I don't think it has a great chance at appraising over 225k unless I put a little bit of work into it, which I'm not against. But, I do agree its way over priced. I am trying to get my next rental with as little out of pocket as I can. I definitely do not want to get side tracked though which this post has helped me jump off of that cloud a little bit. The rent is there but just trying to figure out a way to make the numbers work so both of us are happy and can get the deal done. 

 My first subject to, so just wondering how the process works mainly. I definitely think it is overpriced. I don't think it makes sense giving them asking but, gave the numbers just to give info. I would offer something that makes more sense so when I go to refi, I can pay off the loan and sellers so I can still have equity in the home and do not need to come more out of pocket to pay anything off. I would just go straight to the bank and get the loan myself but i am trying to avoid paying the 20% down payment. 

Whats up everyone,

I am looking for info or feedback from anyone that has done a subject to deal. This would be my first one, i have never done or been apart of any subject to/seller financing deal. I would still like to have an inspection contingency before actually taking over which seller is ok with.. 

The numbers are negotiable, but this is 215k asking, 30k down, assume the loan at ~155k ($1200/month) and pay the difference of 30k in 2-4 years after the refi and paying off the loan. Top unit is 3/1 currently rents for $1300, bottom unit is 1/1 (vacant) and market rent is $750-850. Property is currently worth ~190k from comps i have pulled. Taxes are around ~$2500/yr.

Does anyone have any recommendations on what to do and how to do it? Any good Real Estate attorneys in the Pittsburgh area or can this be done without a lawyer. All feedback is welcomed and thank you in advance!

 Hey John. Interested to hear why you think texting is bad? Do you mean just for "cold texting" or even when interacting with clients or responding to real, actual leads?

Welcome, Eric! Under 10k might be hard to get into unless you partner up with someone who has capital or can find a private lender willing to work with you. A good way into it may be doing a house hack or live and flip then pulling the equity out in a refinance.

Tons of ways to make money in this game! If you need any help lets connect and talk. Maybe we can bounce some ideas off each-other and help one another. 

Whats up Anthony! Would love to connect and hear about how your house hack is going and what your next plan of action is. I have the same goals as well and would be awesome to see if theres any way either of us can help each other with our investing goals! Looking forward to talking with you!

Whats up everyone,

I am a licensed agent in PA. I was born and raised in Pittsburgh. Grew up in the south side area, went to school in Oakland and have been around this city my entire life. If you are looking to invest or just buy a home for yourself, I can help with navigating a lot of the city. Some areas vary street by street.

I am also a City of Pittsburgh firefighter so being able to be on the streets daily for work gives me a great insight on some of the local communities you may be wanting to invest in. On top of that, I am also in the Air National Guard. I have successfully purchased and house hacked using my VA loan. I can help with going through the process using the VA loan and what all you can do with it!

Another great thing about me growing up locally in Pittsburgh is all of the contacts I have made along the way. I know local lenders, contractors, landscapers, credit repair/restorators and so many more different professions. I take pride in my work so I will do what I can to get you answers to the questions you have and if I do not know them, I can try my best to guide you to someone with more expertise than myself.

If you are looking to buy, VA or FHA, first time or 10th time, I can help. My goal is that you get a home you are satisfied with and try to take you in the direction of not becoming "house poor".

When selling your house, I am going to do my research so we get the most accurate listing price. I will give all my efforts to marketing it, showcasing it and giving any advice/tips I can to steer you in the direction of getting the best price for your house as quickly as we can.

If you're looking to invest, I can help with navigating you to the some of best areas for returns and where to avoid. I can connect you with tons of like minded people and since I also aspire to invest in RE, I am able to help you decide what properties may be best for your goals.

Please, even if you are not in the market, if I can be of any assistance to helping someone reach there goals, I would be more than happy to. Questions about anything are highly encouraged! My number and email are posted in my bio, you can also reach me on instagram, facebook or linkedin. Hope to connect and chat with you all soon!

Corey Bogaski

JKG Real estate Services

License # RS374567

If you are still looking for wholesalers, my brother is one and would love to connect and chat with you! Reach out to me if you want his contact info!

Hey Ashley!

I sent you a connection request. I think this is a great idea! I purchased my first property by house hacking a SFH! The multi-fam idea is amazing. Be sure to analyze your deals, and when running your calculator i would recommend to not use the highest end market rent. It isnt certain you will get the highest rent for your unit, so make sure to be conservative with your numbers so you do not make any mistakes that could impact your deal.

I am a Pittsburgh realtor and have done and still looking to do the same thing as you! I would love to help and assist you and your husband any way I can! Please text/call/email me with any questions you have!

412-339-7479

coreybogaski.rea@gmail.com

Investment Info:

Single-family residence buy & hold investment in Pittsburgh.

Purchase price: $150,000
Cash invested: $20,000

This property was purchased with a 0% downpayment VA laon. I lived in the basement, and rented the 3 bedrooms out above. It covered the entire mortgage and all the utilities. I always had about $150-300 leftover each month. I did not consider it "cashflow" as i just saved it for capex/maintenance.

What made you interested in investing in this type of deal?

House hack

How did you find this deal and how did you negotiate it?

Redfin, purchased 10k under asking

How did you finance this deal?

VA