All Forum Posts by: Jake LaRoche

Good morning!

About 3 years ago I made a few wholesale deals work. Since then I've invested in a house hack with my business partner. I've been working a job that pays alright, and I'm thinking about returning to wholesale as a side hustle.

although I know wholesale should be taken as a full time job to be successful, I wanted cast a line on the chance I get a fish or two.

My questions are:

what has changed in the last 3 years for wholesale? 

Is this worth my time (part time)?

what new tools should I use to be successful?

any answers to these questions would be super helpful

Thanks!!

 Do you think 7mm is too high for a rental?

Hey! purchasing a 2 family home next week. looking to see what brand everyone is using for Luxury vinyl plank flooring.

Thanks in advance!

First time investor here! About to close on a multifamily property and ill have to start picking out material soon. Im trying to figure out if i should shop local or if there's some good websites with better pricing i should be ordering from. this is what i plan to order...

-Hardware for cabinets, doors, misc

- LVP flooring

-Lighting and fixtures

anything helps!

If anyone know of, or has good advice on finding a wholesaler comment or direct message me!

 great to know, thanks again!

awesome, great to know. any idea how many points i would get hit for f it was a hard pull?

 you're fantastic thank you, yeah I'm employed way over 2 years work experience. A lot of my local lenders insist on a credit pull which is frustrating because i just need a general idea. 

thank you so much!

with my income of 100,000, a score of 720-730 and no debt (other than a car loan of 30k) , what could i even qualify for using the new 5% conventional loan (upstate New York)

heres a loaded question that i felt like made sense to put in the Lending category. me and my father are partnering up to build a large real estate portfolio. full transparency I'm sitting at about a 590- 600 credit score with 15k cash and 8k in credit card debt. my father is at about 720-730 credit score with also about 15- 20k cash, no debt. we share a very small, uncomfortable apartment. we'd like our first property to be a house hack i.e. 2-4 unit with a rehab as we live in one of the units. my question is, should i dump my money on my credit cards, and use the money ive been saving for a down payment on that property, ultimately delaying our purchase by months? or should we just use my dad's income and credit to get our foot in the door, then fix my credit before purchasing more properties after that first one.

with my dads income of 100,000, a score of 720-730 and no debt, what could he even qualify for using the new 5% conventional loan (upstate new York)