All Forum Posts by: Sunny Suh

lolllll, coulda fooled me. is this part of texas growing that aggressively?

Thank you @Marcin Ferenc!!

@James Wise

Hey James,

actually looks like Andrew posted his opinion on there as well:

http://www.biggerpockets.com/forums/48/topics/145716-ben-leybovich-says-that-making-down-payments-is-not-smart-thoughts?page=3

Hey thanks for the warm welcome guys!

@David Pickard best of luck to you too! come join the nyc meetup hosted by Darren Sager, plan on going to the next one.

humbled to be welcomed by you guys @James Wise @Andrew Syrios

James, one of my favorite posts was about funding without your money that you contributed, so thanks for adding value to this community.

Probably one of the best threads that I can across on here and read every single one of the comments, thank you guys. @Tom Henderson you mentioned you wouldn't do a FHA 203 loan again, can you please provide more info on this?? Curious so I can help myself and others

@Zachary Hancock it's a good event but you have to be active and engage others! they won't immediately just roll out the red carpet for entering.

@Darren Sager runs the show, and he's a great host. 

Reason I say cash flow is difficult is because you won't find much cash flow properties straight off the MLS like some other regions in the U.S. '

General consensus is cash flow is typically in poor (non A grade) neighborhoods or you have to find a short sale/foreclosure home that needs some renovations. Not that they can't be found, just not as common. 

Assuming you are like me and want to live in a decent neighborhood, it won't be easy to find, some sacrifices will be made, but I still see light at the end of the tunnel as you may too! The taxes in our state are quite high so that doesn't help either and a big reason people look out of state or near newark. People typically do flips with nice properties. Even if you do find a cash flow property, you may pay in the form of quality of the tenants/neighborhood. It's definitely a give and take, poke around, don't take my word for it and see for yourself! 

I'll be starting my own post on my hunt.  

Welcome Zach!

My old awesome roommate is from North Carolina! He still lives in jersey city as do i, you should come out to the meet up in nyc.

VA loan will be awesome I'm sure, cash flow will be hard in our area but depends on what you can stomach. I'm in the same boat, looking for a multifamily property. Maybe join forces and buy an apartment complex? Haha, well best of luck in your search, I'm new myself but will help if I can.

Hey Oswaldo!

I have great credit and the credit cards you have access to do wonders. My favorite is the chase sapphire preferred because of the rewards points, and all the safeties. 

I too started with Discover, I wouldn't start with too many because as you want to build credit, the average of how long you kept all your credit cards will come into play. After building credit with one, look for certain rewards that suit your life, like a gas rewards credit card, air mileage, or just dining out. 

 I don't recommend store cards, unless you are a heavy shopper at Macy's or something, but hopefully you are saving money rather than spending at your age. Also, your student loans will help build credit so don't fret too much! 

If you have further questions to me, just use the @ and i'll reply when I can.

Welcome Anastasia!

Enjoy the sunny weather down there in FL! My advice is to get started, don't let the fear of the unknown scare you. I'm learning a lot along the way, have those who are investor-friendly/investor-focused.

Best of luck!