All Forum Posts by: Edwin Ponce

Hey all! I just ran across this forum, some awesome insight! I purchased 2 SFH this year, one in Dunmore, and another in Clarks Summit, both under renovations currently, with the one in Dunmore about to be done and listed. So I am still a rookie in the sense of real estate investing and the area, and I want my next move to be a multi family unit (2-4) perferably a 4 unit since I am going in with a partner. For those that already have some Multi's, what are some strategies/tactics you have/or consider before looking? (i.e. I once had someone say they like side by side duplex, because it avoids any potential headaches if the tenant makes noise upstairs). In terms of investing in Multi's is there an area that might be better than the other? I hear Scranton Taxes are high, so been told to stay away, and they are a headache. Also 3months since this forum was open, what are your thoughts and analysis now? Considering the costs of supplies, inflation, have the rents stabilized? Continue to go up? any feedback would be appreciated!

Hi all in the BP community! I am hoping someone can point me in the right direction! I am still a rookie when it comes to real estate investing, but I did manage to buy my first rental property (2nd/vacation home) and currently under renovations and it's been a wonderful experience. I am a planner and I am thinking ahead for the next property, and I have the VA loan opinion at my disposal to acquire it. So in order to use my VA loan, the property needs to be my "primary" residence, however I already have a primary residence (my brothers and parents live with me), that I refinanced in the beginning of the year to a conventional loan, in order to free up my VA loan. If I want to use my VA loan to acquire another property, what are my options to do with my current primary residence? What strategies can I dabble with?

My goal is to use my VA loan to buy a multi family unit (not sure where yet) live in one, rent out the rest.

but still have my current primary and have my family live there.Any help would be truly appreciated 

@Kate Daye Ruane thank you! Glad we connected! To anyone who’s new and looking to get their feet wet I highly recommend Kate! And if you have any questions don’t hesitate I’ll be glad to help

Hey all! As a rookie investor along with my partner, we are seeking any tips, advises, strategies, and insight on rental property financing!

Dos, Don'ts, what to watch out for, and etc.

My Partner and I, are bringing some capital to the table, we want to use this capital as down payments for multiple properties, Since we want to expand quickly. 

Any insight out there, and/or lessons learned on how to approach this where everyone wins? Thanks!

@Mark Lladas hi, and everyone, I am also looking to hit the NEPA area soon (Scranton), first timer w/ a partner from New York. Can anyone point my to any rental property lenders? Thanks 

Will, what's up brother I am in Bethpage lol feel free to reach out I am in the same boat new to the world but I been brushing up and reading these past few months. reach out if you have any questions 

Hi all, I am new to the Real Estate game, and learning as I go. I am going to be focusing my efforts in both flipping and acquiring rental properties when a good deal presents itself. I am also going to focus in the PA market specifically Scranton, PA but not opposed to other areas. Is there anyone with some insight on the market in Scranton/and PA area? Is it going up? What area in scranton are worth investigating? What strategies work well there? Also Financing, what are some creative way to come up with capital? I had a strategy to use my VA loan, but an issue came up, that made me go back to the drawing board. Any feedback would be appreciated.