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All Forum Posts by: Joshua Esparza

Joshua Esparza has started 5 posts and replied 15 times.

Post: Binghamton, NY Investment Team

Joshua Esparza
Posted
  • Posts 18
  • Votes 7

Thanks for the quick replies everyone. I’ll email you all shortly. 

Thanks again!

Josh

Post: Binghamton, NY Investment Team

Joshua Esparza
Posted
  • Posts 18
  • Votes 7

H everyone,

After months of research and educating myself in anyway I can, I have decided to focus (not entirely as I am always open for other opportunities) my attention in the market of Binghamton, NY. I am in search of the best real estate agents, general contractors, property management, lenders in the area. I have a real interest in multi-family housing and student housing. If anyone has any references that are strongly suggested please let me know. Your assistance will be greatly appreciated!

Thanks for all your help,

Josh

Post: Scranton, PA investments

Joshua Esparza
Posted
  • Posts 18
  • Votes 7

Hi everyone, 

I am looking for properties in the Scranton Area to implement the BRRRR strategy. I came across a home for around 10k about 1 mile from the University of Scranton. Could someone help assist me on any neighborhood I should try to avoid?

Thanks for the help!

Post: 100% OCC 3/ 1.5 Ba SFR / Rent $900/ 15% Cap / CF $494P/M/ $34.5K

Joshua Esparza
Posted
  • Posts 18
  • Votes 7

I'm interested,

PM me with more info.

Thanks your help!

Post: Need assistance on investment loan

Joshua Esparza
Posted
  • Posts 18
  • Votes 7

I recently spent months trying to find the right investment property. I came across a property I found would work financially for only $28,000. I talked to the lender and they only offer loans at a minimum of $30,000, meaning after the downpayment the loan would only be around $20,000 which was not fundable. The lender also mentioned a renovation loan to me but I did not feel like this would be a good buy. This property made sense to me as a buy and hold. 

Does anyone have any suggestions or encountered this problem? Also, how about having success with renovation loans for a flip property?

Thanks for the help!