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All Forum Posts by: Dana Hagans

Dana Hagans has started 12 posts and replied 23 times.

Post: General Long-Distance Investing Question

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

@Arman Ahmed 

Thanks so much for the insight! I’m looking to invest in Ohio, so this is really helpful. I’d love to hear more about what’s worked for the investors you’ve worked with, especially around building a solid local team. Appreciate you sharing and looking forward to staying connected!

Post: General Long-Distance Investing Question (3)

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

@Caleb Brown 

I’m currently looking to invest in Ohio. I'm still deciding on the exact strategy, but I'm open to either a 2–4 unit or purchasing a distressed property to rehab and hold. I know the financing will depend on which route we take, so I'm trying to understand all our options and connect with the right lenders early on. If you have any lender recommendations in that area or any tips on how to vet them, I’d really appreciate it!

Post: General Long-Distance Investing Question

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

I completely agree that having trusted contacts on the ground is everything. I’d really appreciate any insight you’re willing to share about the resources you’ve found helpful. Whether it's tools, systems, or even how you went about building and managing your team from a distance. I'd love to learn from your process.

Post: General Long-Distance Investing Question (3)

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

1)What financing options do you use for long-distance rentals—conventional, DSCR, portfolio, or private money?

2) Are there any lenders you recommend that work well with out-of-state investors for buy & hold and/or buy & sell?

Post: General Long-Distance Investing Question (2)

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

What minimum cash flow or ROI do you require to make a long-distance rental worth it?

Post: General Long-Distance Investing Question

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

What’s been your biggest challenge investing long distance, and how did you overcome it?

Post: Seeking Guidance and Connections for Wholesaling in NY/NJ

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

Hi BiggerPockets Community,

My name is Dana, and I’m currently diving into the world of real estate investing with a focus on wholesaling in the New York and New Jersey markets. I’m looking to connect with experienced investors who are actively buying in these areas, as well as get advice on the best strategies and platforms for sourcing off-market properties.

Specifically, I’d love insight on:

  • Where wholesalers in NY/NJ are currently finding leads (marketing channels, platforms, etc.)

  • How to navigate the unique legal and market challenges of wholesaling in these states

  • Investors who are open to JV opportunities or purchasing wholesale deals

  • Any recommended local resources, networks, or events that would help me grow

I’m serious about building solid relationships, learning the ropes, and adding value wherever I can. If you’re open to connecting, sharing tips, or potentially working together, I’d really appreciate it.

Thanks in advance, and I look forward to learning from and contributing to the community!

Post: Potential House Flip in Brooklyn, New York

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

Hey BP community, I'm looking into a potential flip in New York, and would love some insight from experienced investors. I'm looking to use a Fannie Mae Renovation Loan. The property is a single family home that is on sale for $179,000. I'm estimating renovation costs at around $150,000. ARV seems to be in the range of $735,000. I'd love to hear from those who have flipped in New York—what unexpected costs should I prepare for? Any contractor recommendations or lender suggestions for short-term financing? Also, how is the current demand for flips in the area? Any insights, red flags, or advice would be greatly appreciated!

Post: Promotional code for Pro Membership

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

I’m looking to purchase the pro membership. Would anyone happen to know of any recent promotional codes that are still valid to use? 

Post: Multifamily Real Estate Investing

Dana Hagans
Posted
  • New to Real Estate
  • New York
  • Posts 23
  • Votes 22

Hello! 

My price point is $350,000. I like to not go above$350,000. For the condition, I'm not picky, so I don't mind looking at both turnkey properties and a fixer upper. 

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