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All Forum Posts by: Philip Ganz

Philip Ganz has started 35 posts and replied 183 times.

Post: New to RE Investing from Scituate, MA

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

Hello @John Joyce and @Erik Kraemer being a former resident of Marshfield for over 10 years alot of homes need work because 1) Age 2) Water 3) Salt. 

A great program is the FHA 203k program where you can buy a home with as little as 3.5% down payment and finance 100% of the renovations cost.

Post: Investors in Boston area

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

@Joe Benson Zoom is the way to go. 

Post: House Hackers near Boston, MA (02143)

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

@Account Closed In the Boston Area - You want to become the master of the FHA 203k Loan. You can put as little as 3.5% down payment and finance 100% of your construction.

Post: Preparing to purchase my first rental property.

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

@Thiago B DeSouza  Buy in the best location you can afford.      Don't pass up the TESLA stock for  Mining stock that pays a dividend.  Great locations will pay off in equity appreciation - big time win!

Post: First House Hack in Boston MA

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

@Brandon Roberts You should investigate the FHA 203k loan - you can finance up to 100% of the future home value. With only 3.5% down payment you might not even have to BRRR.

@Brendan Francis  Your agent might be telling you the TRUTH - whether you get there in the beginning or the end is up to you. 

On the other hand the agents needs to list and allow you to submit offers. 

Where you agent is coming from is a good place because BOSTON is a HOT market. 

Post: Anyone form Massachusetts?

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

@Besnik Kadriu  Please schedule a time that works for you in my calendar 

Post: House hacking in Boston or Cambridge, Somerville

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

@Jarrod Kohl Great school and  Business friendly. 

Post: House hacking in Boston or Cambridge, Somerville

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

@Jarrod Kohl Invest in Cambridge/Watertown/Waltham. Skip Boston. 

Post: New investors in the house!

Philip GanzPosted
  • Lender
  • Fort Lauderdale
  • Posts 190
  • Votes 117

@Alex Ciuca My 3 step advice 1. Build a team 2. Find an Area 3. Master the FHA 203k Loan