All Forum Posts by: Hector Asencio

Yea that’s what I meant , portfolio lenders . Thanks 

Good evening , does anyone have any experience dealing with banks/credit unions located in the states of New York, New Jersey ,Conneticut , Pennsylvania that allow you to transfer ownership from yourself to LLC after closing and have no cash out refinance seasoning period ? I was just dealing with municipal credit union and M&T bank and they don't do any of those . Any suggestions would be greatly appreciated , thanks

Any investors here that recommend any good banks in Albany/Troy, ny area? Would greatly  appreciate it 

Looking for the best banks for real estate investors in the Albany/Troy , NY area . I am new to this game so for any investors in these areas, which banks have you used and how was your experience with them ? Would gladly appreciate any suggestions. Thanks 

Thanks guys 

Has anyone here even been mentored before ? If so , by who and would you recommend that mentor if they are still available . I was doing some research on a mentoring program by Doug Depte called Aquisition and Execution . Looks promising but it’s very pricey. Anyone have any recommendations on good mentors ? Thanks 

Thank you all for the info, really appreciate it 

thank you, 

I’ve been with Municipal credit union for some years so I’ll see what they will offer me ,

I have no experience with rehab/construction, land lording etc but would love to learn it to know how the process works 

Currently in the process of reading rich dad poor dad and will read that bigger pockets book soon 

Thanks appreciate it , When you started out investing , how did you start off 

Good morning, Trying to get started in buy and hold soon. Based in nyc, looking to invest in upstate NY and out of state and Have about 40k saved up. Have some questions about starting off.

Should I go to a bank for a conventional loan within nyc for a property outside of the city or a bank near where the property is located ?

Which would be better , a bank (small , large ) or credit union for funding ?

For a first timer, is setting up an LLC before investing better or just setting up liability insurance ?

Can I take out multiple conventional mortgages at the same time to fund multiple properties at the same time?

Which states, more specifically with cities are low price in real estate and are good starts for someone new ?

Would it be better to get turn key properties first or go straight to BRRRR method?

Thanks , any advice would be appreciated