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All Forum Posts by: Juan Salazar

Juan Salazar has started 2 posts and replied 4 times.

Whats up guys? Name is Juan Salazar. I am looking to start investing in the Orange County, NY area. I would love to start networking with people in the same area or field! I want to know as much as possible about the area and how business is done. A little about me:

I am 26 years old currently working in Middletown

I have one property that im house hacking with. Its a 2 Family unit with 3 and 3 bedrooms

Working on getting my real estate license but not really to become an agent, just as something to have.

Thanks!  

No, I am currently house hacking and I didn’t even know how good of an investment it was until I started reading more and more about real estate! Thank you though

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Middletown.

Purchase price: $180,000
Cash invested: $8,000

Was searching for a multi-family home with at least 2 apts got lucky and submitted 1st offer to a bank for under the asking price and got it accepted! They were looking at 1 offer at a time.

What made you interested in investing in this type of deal?

Cashflow and assets

How did you find this deal and how did you negotiate it?

Regular apps such as zillow and realtor

How did you finance this deal?

Mortgage