All Forum Posts by: Chaim F.

@Bob Roach For the 200k range you can find a 2-3 family in east new york in Brooklyn.

@Toni Griffin

Welcome to the BP community! Congratulations on your first step towards your goals, wishing lots of success.

Happy investing!

It would make sense, but you have to take in account for vacancy, eviction, turnover.

@Mahshid Nemat Welcome to the BP community. There's lots of information, tips, to check out here. Make sure to listen to the podcasts, there's lots information there as well.

And I'm sure if you have any questions, there's lots of people from the NYC area, that would be willing to chime in.

Good luck!

@Boris Portnov Welcome to the BP community! There's lots of information here, make sure to check out the podcasts, it's fantastic!

Regarding areas, Newark, Jersey City, are the 2 places that are very tricky to invest in.

@Brian Kehoe I think you should rather refinance than sell for a loss, since it will eventually appreciate.

Good luck!

@Stephanie Morris Welcome to the BP community. There's lots of fantastic information on the site check it out, and try to listen to the podcasts there's wonderful information there. 

Good luck! 

Happy investing! 

@Michael G. My partners have done a few wholesaling deals but it's very tough.  It might be that in the 2 family market it's easier, we are just wholesaling investment properties.

 What condition is the property? And is that just maintenance or total expenses?

It's possible but it's very hard. Now it's a big market on deeds for over leveraged properties, that might be a bit easier.

Good luck!

Happy investing!