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All Forum Posts by: Justin Wroblewski

Justin Wroblewski has started 5 posts and replied 9 times.

Post: Bandit Sign Placement

Justin WroblewskiPosted
  • Blackwood, NJ
  • Posts 9
  • Votes 0

For wholesaling bandit signs - do you recommend stapling to poles or sticking them in the ground and why?

@Tom S. Thank you!!

@Cody Campbell thanks! Wholesale deal in NJ. Yes I own it outright. I will try more small banks. Thanks for the help!

I recently purchased a property for $33K cash. Property is in pretty decent shape and is currently occupied for $925. I’d like to pull my money back out but I can’t find anywhere that is willing to give a loan that small. Any suggestions are greatly appreciated!

Post: How to buy my next rental

Justin WroblewskiPosted
  • Blackwood, NJ
  • Posts 9
  • Votes 0

@Jaysen Medhurst thanks for the reply. LTV is about 77%. I'll need at least 20% on my next purchase, so I'd estimate I will need around $30,000.

Post: How to buy my next rental

Justin WroblewskiPosted
  • Blackwood, NJ
  • Posts 9
  • Votes 0

I currently own one rental property, a duplex that I purchased a little over two years ago. After renovations I probably have about $40,000 in equity in the home. It currently cash flows about $1,100 per month.

I am ready to buy another rental but I’m not sure what would be the best way to go about it. Any suggestions are appreciated!

I need a legitimate and convenient way to collect rent online. I want something geared towards real estate or business rather than something like Venmo. Any suggestions are greatly appreciated.
Thanks everyone, very helpful.

I am a 24 year old new investor (also new to BiggerPockets) who is motivated to grow my portfolio. I currently own a duplex in New Jersey as of January 31, 2018, which I purchased with an FHA Loan. I currently have the top unit rented out and I occupy the bottom unit. My short term goal is to move back in with my parents so I can rent out both units. This leads me to my only obstacle; Am I within FHA guidelines if I choose to move out of my bottom unit? If not, what is the best way to legally convert this property in to an investment?