All Forum Posts by: Chaim F.

Hi @Daniel Singh, welcome to the Bigger Pockets community!

I think that to start rehabbing from a distance without prior experience is a recipe for disaster. You might be better off taking out a home equity loan so you can do that in NYC, just make sure that you're buying good and that you can afford to keep as a rental as a secondary exit. Remember you make money when you buy.

Good luck!

Hi @Omar Sanchez, welcome to the Bigger Pockets community!

Hi @Shamarie Freckleton, welcome to the Bigger Pockets community!

You came to the right place, you'll find here all the information you need to get started. Make sure to check out the podcasts, webinars, blogs and browse through the forums.

Wishing you great success!

Hi @Raphaela Todd, welcome to the Bigger Pockets community!

Hi @O'Neil Dennis, welcome to the Bigger Pockets community!

Hi @Tracey G., welcome to the Bigger Pockets community!

I'm sure you can find reasonably priced neighborhoods within an hour drive, even in the pricey NYC there's is still find deals within an hour drive.

Wishing you great success!

Hi @Bo Gurney, welcome to the Bigger Pockets community!

Hi @John Leverson, welcome to the Bigger Pockets community!

Wishing you great success on your journey!

@Calvin Thomas

My experience was that if a property is on the market for that long and he's not willing to lower the price, then he's not really interested in selling. Just my 2 cents.

Good luck!

@Account Closed

When you are talking about a big rehab project in NYC, you need to have multiple exit strategies. A lot of things can go wrong with the building department in NYC. I would suggest assign the contract for a fee and let someone else take the risk.

Good luck!