All Forum Posts by: Emmanuel Jr

Are you able to keep up with your monthly payment? If so then use the equity for investment. If not pay down the dept enough to get you a better rate and monthly payment and invest the rest of the money if there is some left. As long as you are not behind in your payments and the lenders are not pressing you to pay in full, I wouldn't advise throwing more money that way. Its already not enough to pay it off to give you a peace of mind.

@Robert Ellis Does this work for duplex or triplex properties?

@Brandon Miller Look in the Reynoldsburg area and you will find decent ones. I recently purchased my first duplex in Reynoldsburg, living on one side and renting the other. Its being 5 months now and I haven't seen or heard any issues in the area.

Thanks Kim and Robert

Thanks John and Tim.

Hello fellow members,

I'm new to Real Estate Investing. I recently purchased my first duplex last quarter of 2016 in Reynoldsburg, OH and now I'm in need of a CPA with real estate knowledge to help me file taxes and also become part of my team as I advance as an invested. 

Who do you recommend?

I think I've been where you are now but I chose to go the opposite route. If I was in your shoes here is what I think I will do. Pay a tad bit above the minimum on the the student loan, save as much as you can now for a SFH that you can flip or a duplex that you can live as owner occupant. 2-3 years down the road, you should be able to sell the house and profit 20k or so from it to greatly reduce your student loan.

This was my plan last year but i landed on a gov't job in my field which though the pay is not great there are other advantages like qualifying for student loan forgiveness which states the rest of my loan will be forgiving after making 120 qualifying payments or working in the public sector for 10 yrs. 

Now my plan is to pay the minimum to keep me qualified for loan forgiveness, save the rest of the money for a down payment towards owner occupied duplex using FHA loan.

I live in OH so i'm not sure how this plan will work for me in NY but give it some thought. That 60k you are looking to pay off quickly can be used towards investment which can yield twice as much in less than 10 yrs, possibly 5 or so if you're aggressive.

It is more blessed to give than to receive. Can i have a taste of your secret sauce to hubzu? I want to get it right the first time. Thanks in advance

@Kurt Winsley Nice to meet you,

Thank you all for the warm welcome.

@Bradley Spencer That sounds great!

@David Rupp Thank you, will certainly do.