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All Forum Posts by: Esmir O.

Esmir O. has started 1 posts and replied 36 times.

Post: Determine area for rental investment

Esmir O.Posted
  • Real Estate Broker
  • Syracuse, NY
  • Posts 39
  • Votes 26

Hi Chris,

I'm a native of Syracuse and If you're interested in chatting about investing here or having me introduce you to some analysis, please feel free to reach out.

Best of luck with making your decision, Syracuse has indeed proven to be a success for many.

Post: 21 and what rental portfolio? single or multi? Tough are

Esmir O.Posted
  • Real Estate Broker
  • Syracuse, NY
  • Posts 39
  • Votes 26

Hey Josh,

Multi families can be tough to find in a decent area for a good price. I'm an agent and I've had better luck from FSBO's on Craigslist/Zillow than the MLS for good deals on multi-families, so I'd suggest giving that a try. But, single family rentals can work out really well too, especially if you can BRRR it.

Best of luck!

Post: My First BRRRR

Esmir O.Posted
  • Real Estate Broker
  • Syracuse, NY
  • Posts 39
  • Votes 26

Congratulations! Great job, hope this is the first of many for you.

Post: NYC Agent looking to buy upstate

Esmir O.Posted
  • Real Estate Broker
  • Syracuse, NY
  • Posts 39
  • Votes 26

Hello John,

Syracuse is a great place to invest because of the stable and affordable market. I've been working with a few investors for a several years now and it's been great, we've done a couple dozen deals - from flipping to renting. I grew up and live in Syracuse so the market is very familiar.

I'm also in the same boat as you, looking to start investing from my own pockets. Would love to connect with you or the investors I currently work with to help you enter the Syracuse market.

Post: BRRRR Financing Limits

Esmir O.Posted
  • Real Estate Broker
  • Syracuse, NY
  • Posts 39
  • Votes 26

Very fascinating, I figured it would have to be commercial. 

Appreciate your input. Thank you, Brandon.

Post: BRRRR Financing Limits

Esmir O.Posted
  • Real Estate Broker
  • Syracuse, NY
  • Posts 39
  • Votes 26

I've been researching the BRRRR strategy and find it very approachable for all levels of investing.

My question is in regards to maximizing your loan capacity with banks. For example, how to continue refinancing different properties if your proof of income in limited or LTV ratio is maximized and the banks won't give you anymore loans. Any advice on this? Maybe I am missing a key component of the property.

Thanks in advance.