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All Forum Posts by: Juan Reyes

Juan Reyes has started 13 posts and replied 131 times.

Hello Everyone, 

There will be a real estate investor and agent meet up tomorrow April 8th 2017 in Jericho Long Island. Free coffee and donuts. 

There will be a brief presentation on available mortgage options. 

Location:

50 Jericho Quadrangle, Suite 210 | Jericho, NY 11753

Here is the meet up link:

http://meetu.ps/c/36VK8/zyyyx/f

please RSVP

Post: 65% DTI question. Need help.

Juan ReyesPosted
  • Jericho, NY
  • Posts 143
  • Votes 49
Was your DTI calculated correctly ? You might be able to use the potential rental income to help your ratios. Did your LO take this into account ? Send me a DM I have a couple of ideas

Post: Advice- Purchasing Multi family in Bronx

Juan ReyesPosted
  • Jericho, NY
  • Posts 143
  • Votes 49

Hello BP community, 

I am interested in investing in the Bronx New York I am looking for Multi family houses turnkey or at least without any major issues. Does anyone have any good agents to recommend ?

Also does anyone have any advice or feed back on investing in multifamilies in the BX?

Post: Lenders for properties under $100k

Juan ReyesPosted
  • Jericho, NY
  • Posts 143
  • Votes 49
Hello I am looking for a local bank in west palm beach Florida that is willing to lend for properties valued under $100k. Looking for soft money.

theres alot of different options depending on your situation. 

I would suggest you run the numbers on both options and figure out which one you are willing to live with. There isn't always a right answer, maybe just a better option for your specific scenario. 

Post: Where To go from here

Juan ReyesPosted
  • Jericho, NY
  • Posts 143
  • Votes 49

Have you figured out your financing plan? You may want to speak to some lenders to get an idea of how much they are willing to lend you. Feel free to reach out if you have any questions. 

Post: Deal Analysis help! 100-unit

Juan ReyesPosted
  • Jericho, NY
  • Posts 143
  • Votes 49

I agree with Nick, I don't see any expenses accounted for

Post: Networking - Harrisburg, PA

Juan ReyesPosted
  • Jericho, NY
  • Posts 143
  • Votes 49

Welcome to BP

Post: Did anyone here move out of state to become a RE broker?

Juan ReyesPosted
  • Jericho, NY
  • Posts 143
  • Votes 49

I have not done anything like this but best of luck to you. I have definitely considered it many times. especially as the snow comes down !