All Forum Posts by: Jeffrey Burdo

Hi Ben,  I too have just began to dive into my real estate future.  BP and the forums have a wealth of knowledge to dig into. I am also outside of Philadelphia.  Philly has a huge rental market, but as I understand doing some research and calling around it is very competitive. Off market deals seem to be the answer I’m getting often in regards to finding a cash flowing property.   I am definitely open to discussing, but am afraid I can’t offer much expertise as I am in the very elementary stages as well.  Best of luck. 

I do have cash available from equity in my primary home or old 401k’s that are just sitting there.  I would like to not have to touch those much, specifically the 401k’s because I don’t want the $$ to be tied up until I’m 60. 

I already own my primary home, so no need to house hack. I also have 2 young children, so the idea of downsizing Isn't very practical. I am looking to buy a duplex or single and BRRR. I live in the Philadelphia area but could be very happy buying in the suburbs, Norristown, Ambler, Blue Bell, etc. I am interested it putting as little of my own money down as possible. Of course, I am very aware of the lending market now and the crazy rates we are all experiencing. My question is are their specific data you look at when selecting a property/deal? I am very new and have very limited exposure to this space.

Hey all;

Brand new to real estate investing.   Looking to purchase my first cash generating rental but am coming into this with zero experience.  Looking for advice with getting started.   Best avenues for $$, metrics to look at when selecting a property, etc.  Appreciate all info and guidance you can offer. 

-Jeff