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All Forum Posts by: Jacob Krusienski

Jacob Krusienski has started 2 posts and replied 3 times.

Post: Building Funds to Flip by wholesaling

Jacob KrusienskiPosted
  • Real Estate Investor
  • Waterford, NY
  • Posts 5
  • Votes 3

The advise helps. It a long road getting there but you need to

Crawl before you walk. 

I haven't really talked to her about any of it. 

I want bring $xxx.xx to the table and say I earned this

by doing this and there is more out there. 

Post: Building Funds to Flip by wholesaling

Jacob KrusienskiPosted
  • Real Estate Investor
  • Waterford, NY
  • Posts 5
  • Votes 3

I guess the big question now is,... How?

I'm grasping the ideas and feel this is something I could manage, but, Reading is one thing 

I'm a visual learner. My biggest hurdle at the moment funding, money down, to a Hard money Lender. I don't have extra money lying around in reserve for " a rainy day". i wish I did, well, I guess that's why I am here! I want to start a revenue stream, then pitch the idea and concept to my wife. Is it risky not telling my latest venture, sure it is! However; if I can complete a few small or one large deal that I can bring to her and say. i went behind your back, I didn't spend a lot of our money, and in return I earned this in profit. It will be a huge selling point for her because she can see it works! 

Problem, as stated above,  is I don"t have the extra cash in reserve to put 5%-10% down for a loan whether it be a hard money lender or bank. I know there is money to be earned in wholesaling.

Is wholesaling a good way to get a foot in the door?  

Build my wealth for the down payments to finance a flip?

What are some good resources her on Bigger Pockets or elsewhere I can read up on?

Feedback, thoughts, advise, and what ever is offered will be appreciated!

Post: Newbie Capital District, NY

Jacob KrusienskiPosted
  • Real Estate Investor
  • Waterford, NY
  • Posts 5
  • Votes 3
My name is Jacob. I've read about real estate investing for sometime now. For some reason now seems to be the right time to "take the leap". Do I purchase CD's? But into a guru? I'm curious if there any groups in the Capital District of New York that I can become involved with. I'm hesitant to say "Upstate NY" because there are many definitions of "Upstate NY". I'm in just north of Albany and just south of Saratoga Springs. I would like to learn my area before I branch out. Does anyone have any suggestions on getting started?