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All Forum Posts by: John Jasko

John Jasko has started 9 posts and replied 25 times.

Post: fixed rate loans for investments

John Jasko
Pro Member
Posted
  • Posts 26
  • Votes 11

I've been told by a few local lenders that the only conventional loans available for investment properties (duplex or triplex, I will not be living in the property) are 15 year fixed or 5 year ARM. However, I hear/read BP folks talk about 30 year fixed loans. What really are the options?

Post: Steubenville, OH - Franciscan University

John Jasko
Pro Member
Posted
  • Posts 26
  • Votes 11

Yea, the city overall is not that dynamic, but the University is special and attracts great people.  Can you connect me with your friend who invest there? Thank you

Post: Anyone investing in Huntington?

John Jasko
Pro Member
Posted
  • Posts 26
  • Votes 11
Quote from @Rigo V.:

Anyone investing in Huntington? Cash flow ok? 

I used to work for a company that had a partnership with Marshall so I am curious what the area is like for REI?


Looking there myself.  I live in the area.  I have a friend that has 14 units and has done very well.  You just have to be diligent about the location as there are some rough areas.

Post: Steubenville, OH - Franciscan University

John Jasko
Pro Member
Posted
  • Posts 26
  • Votes 11

anyone have experience with buy and hold rentals in Steubenville, OH area?

Post: Personal tax advantage?

John Jasko
Pro Member
Posted
  • Posts 26
  • Votes 11

If i buy a duplex under a LLC, do I realize any personal tax offset if the yearly cash flow is negative on the property ?