All Forum Posts by: Daniel Del Vecchio

Hello,

What are everyone's thoughts on a 2 bed 2 bath vs 3 bed 2 bath? I haven't found one yet because i have only been looking at 3 bed 2 bath single family houses but i wanted to know aside from price if others have had success with them? 

Hello Everyone,

Are there any recommended areas for investing in Northern New Jersey or any New York towns on the border?  Whether it be flipping/brrr/renting?  

Hello all!

I am new to BP and found out about this after searching for a real estate course. (I watched the 4-5 hour one Brandon Turner taught)

I want to invest in real estate and I want to start by flipping houses and eventually get into rental properties and maybe some other investment strategies. I am reading all i can on real estate/flipping/finance. I wanted to ask all of you if there were any tips or advice you had for someone who is brand new to real estate and flipping. I know theres a lot i will learn by going out and doing it (which i am doing, i am working with a trusted real estate agent and have seen a few houses and have more i want it to look at) but i figured theres no better place to learn than from those who have experience in it.

Thank you all in advance for your help!

Hello all!

I am new to real estate in the Naples, FL area.  I am looking to start flipping houses.  I am looking from Naples to Estero for now; if my employment changes then I may look in the Ft. Myers and Cape Coral areas as well.  I wanted to know if there was any advice other flippers/investors/realtors had for me on this endeavor that may be specific to this area or just in general!

Thanks in advance for your advice! 

Hello! 

I am brand new to real estate. I am looking to start by flipping houses. I am currently going through "Investing in Real Estate with No Money (and low) money down and I thought it would be a good idea to get some ideas from others and talk through ideas as I make my way through the book. My original thought was to get a traditional bank mortgage, pay the down payment myself and extend my lines of credit or pay out of pocket for the rehab costs. Is this ideal for my first flip? Should I reach out to a hard money lender? What have you or others done that you think work well for someone with little experience? I am living at home (with parents) still to save money so I am not intending on using an FHA loan but that may change depending on what is out there and what kind of funding I can (or can't) find. I don't have a network built up yet, I am working on that but it is unlikely I will have a money partner for this first flip. I also know it will depend on the deal I find. I don't have one yet but I am trying to get different ideas for when I find that deal so I am ready to move forward and have a basic strategy.

Thank you for any advice and guidance! 

What are some options that I can use to finance the rehab of a property? I am looking to purchase my first property to flip.  My plan is to use a traditional mortgage to fund the payment and I have an adequate reserve of cash for a down payment.    I don't have a specific property in mind yet but I am trying to line up the financing and have a basic idea of where to look beforehand so I am ready to go when I do find a deal.  I may also reach out to some potential partners but seeing as this is my first house and I have zero experience, I am operating under the assumption I will be doing this first deal by myself.

Additionally, I plan on doing this first house renovation without contractors if that is relevant information for where I can get financing.