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All Forum Posts by: Matthew Cohen

Matthew Cohen has started 4 posts and replied 6 times.

Post: Buying Property Through Sellers Finance

Matthew CohenPosted
  • Investor
  • Long Island, NY
  • Posts 9
  • Votes 2

Hello All, I am looking to acquire my first two rental properties at once. One will be through conventional mortgage and I would like to set up the second financing through a Sellers Finance deal. I've looked into the structure of a Sellers Finance Deal and watched a few videos but I'm not sure my calculations are exactly correct. 

Is there anyone out here that can help me out? What options do I have to pay the seller back within a designated time-frame? What is the best way calculate a good deal through seller financing? 

Thank you all! 

Matthew 

Post: Fannie Mae or Freddie Mac

Matthew CohenPosted
  • Investor
  • Long Island, NY
  • Posts 9
  • Votes 2

Hello All, I am exploring different financial options for my first property. I came across the concept of Fannie Mae or Freddie Mac loans for distressed property that I can fix up, hold and rent. My only concern is I do not see a lot of people going this route and wondering if there a specific reason for that. I understand these loans require more paperwork and a little longer to process, is that the only downfall or is there something else I'm missing here? 

Thanks for the advice! 

Post: How to Find Agents who work with Investors

Matthew CohenPosted
  • Investor
  • Long Island, NY
  • Posts 9
  • Votes 2

Hello, I'm just starting off looking for investment properties and I'm trying to find an agent who works directly with real estate investors in the Long Island, New York area. 

Any suggestions on where I can start to find agents who work directly with investors? 


Thank you! 

hello Shatomma, I would be interested in that list as well! Can you please send it to me?

Post: Need Advise on House flipping in Long Island

Matthew CohenPosted
  • Investor
  • Long Island, NY
  • Posts 9
  • Votes 2
Originally posted by @Bob Stevens:

@Neeraj Walia not true , All are hands off,  I have never " swung a hammer " simple, have a team there. People from around the world invest in the cleveland markets.. Its all about knowledge and your team. 

Hey Bob, would you be open to discussing more about how you execute your plan? I have been looking in out of state markets because they are cheaper than Long Island, but I am finding that these neighborhoods are not the best areas to live. I have done all my research on the locations, but the only properties for sale on the MLS are in the bad parts of town.

How did you execute your plan being remote? 

Post: ISO Property Manager near Rutland, VT

Matthew CohenPosted
  • Investor
  • Long Island, NY
  • Posts 9
  • Votes 2

My partner and I are in search of a Property Manager near Rutland, VT. 

We are new to this process, so we wanted to reach out on Biggerpockets to first see if there are any recommendations before we start cold calling!

Thank you in advanced!