All Forum Posts by: Dan Cox

Hi All,

I’m currently looking to acquire properties out of state in a market I’ll be establishing a business in within the next few years. I’m trying to establish a cash flow base in the area to support the business start up. I’m working with a great local commercial vendor and have multiple strategies in considering. My question is should I utilize the lending and get turn key recently renovated properties that would immediately cash flow without need of repairs, or should I try and purchase properties that require minor repairs that would also have no problem renting but give me more equity upon closing? With the current climate of the market I’m questioning what would be best. Any insight would be appreciated.

Regards,

Dan

I'm looking to find multiple buy and hold properties in the Montco, Chester, Berks, and Bucks counties.  Any information on wholesaler's in the area would be appreciated.  

Thanks

Hi All,

I’m trying to start my real estate investing journey and it looks as though one of my options for financing may be hard money lenders. I’m located in the greater Philly area and wondering if anyone know me if hard money/ private lenders in the market. My financing options are limited. Thanks

@Conner Roth

Conner, I’m just interested in what town you’re talking about. Is it Pottstown by chance?

@John Warren

Thanks John. I have a few potential mentors in mind. I had the pleasure of working with a broker on the purchase of our first residence who has good experience in our area with investing. Thank you for the insight

Hi all,

I'm looking for advice and strategies on how to start investing with limited capital. Currently I find myself a sole provider for our household working a demanding job (Project Management). I'd like to start making moves in real estate investing but have limited funds. Right now I have about $10k available to utilize. Also, I have about $50k in equity available in our primary residence. I'm looking for strategies or recommendations on how to go about using these funds to start investing/ acquire real estate. My preference would be multi-family residences for greater cash flow opportunities. Is a HELOC a good option to use? Currently my DTI is in the ballpark of 35%. Is it possible to get approved for another mortgage? Any advice, tips, or strategies would be greatly appreciated. Thanks

-Dan

Thanks Cary I'll make sure to listen in and try to incorporate any useful tips and pointers into my own practices. Best of luck. 

-Dan

Hi all, My name is Dan Cox and I'm a recent college graduate looking to supplement the income of my day job as well as increase my financial freedom. I grew up doing various home remodeling projects and have various but limited experience rehabbing properties. I'm interested in BRRR, house hacking, multi-unit rental properties as possible avenues for real estate investing. I'd like to connect with local experienced real estate investors (Montco, Chester, Berks, Bucks) and get a feel of how the market is working in our area. I'm currently looking to purchase a duplex or other multi-unit residence as an owner occupant and begin my real estate investing journey through the vehicle of house hacking. I look forward to learning all I can through BiggerPockets and the valuable experiences its members share.