All Forum Posts by: Jason Pabon

Initial Investment: $47,607

Current Rent: $1,340

Cap Rate: 4.5%

Total Return in 5 years: $34,309

https://www.roofstock.com/investment-property-deta...

Please reach out for more details! Tenant occupied and cash flowing day 1!

Initial Investment: $23,375 (closing cost + escrow)

Cap Rate: 4.7%

Cash Flow: $57

Cash on Cash: .2%

Zillow valuation: $101,492

Trulia valuation: $104,044

Homes.com valuation: $122,427

Great way to start building your Real Estate portfolio! Please let me know if you're interested.

https://www.roofstock.com/investment-property-details/indianapolis-indiana/6938-crittenden-ave-indianapolis-46220/1636518

Initial Investment: $37,125

Current Rent: $1,245

Cash Flow: $1,868

Cash-on-cash: 5%

Estimated Total Cash Return (In 5 years): $29,103

Leased through 6/30/2018

https://www.roofstock.com/investment-property-deta...

Looking for a 4plex to buy and hold (potential owner occupied) in the 300-600k range. I've been pre approved through Cal Coast financial and just need help locating properties when they come on market.

Any specialized multi-family agents out there? Please ping me.

Hi Team,

Does anyone know any good websites or resources for shortsales/foreclosures? I'm looking to start investing in these types of properties to start off with since the market is so competitive. 

Would love to hear your stories on how everyone else started and what you recommend.

Thanks!

Jason

Count me in!

Hi Team,

I unfortunately was unable to attend due to prior engagements. Would anyone care to share a high level summary or insight into what they found useful? 

Hi Everyone -

I know it's still a tough/competitive market out there but was wondering if anyone could share their experience with putting an offer on a Multi-family home with an FHA loan? I know it's not ideal but this is the only type of loan I could get pre-approved for. Specifically looking in Sacramento and the Bay Area so any input would help a lot.

Thanks!

Jason

This is awesome Wes. I'm working on a Pre-Approval letter shortly. Want to try and connect?

Hello Everyone,

I'm looking for a lender that will pre-qualify me on a house I'm looking to purchase. I'm a first time homebuyer looking into a 4-plex with 10% down. Credit at 660 and looking to live inside the unit my first year. Any recommendations on who to speak with?

Thanks!

Jason