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All Forum Posts by: Leo Don

Leo Don has started 28 posts and replied 106 times.

Post: Name your price?

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

Hello BP,

I'm thinking about making a offer on a 3 family home. In a bit confusion in regards to the CMA. I would love get some insights in on how much would you guys offer?

Thanks 

Post: Looking to buy in NYC

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

Hello BP,

I would to meet a real esate agent willing to assist me to purchase a multi family in NYC area  in Bronx or Yonkers area. I'm also open to other areas in NYC. I'm looking at 250k price zone. I would appreciate any assitance.

Thanks 

Post: Portfolio lender in ct?

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

@Michael Noto

I tried reaching out to few banks in the new haven area but they seem very vague. Never got a precise answer. 

Please let me know if you used any that you would recommend me. Feel free to pm me.

Thanks 

Post: Portfolio lender in ct?

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

Hello BP,

I would like to know any investor friendly portfolio lender in ct that is highly recommended. Any recommendation will be highly appreciated.

Thanks

Mark, any changes on the downpayment requirement ? Is it still 25%? Thanks great inputs!! Appreciate it!

Post: How did you put your offer on a house?

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

@David Faulkner

@JD Martin

Thanks guys very helpful info to keep in mind !!

Post: How did you put your offer on a house?

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

I would love to hear any personal example or scenario where you guys can show me how to do it. I would really appreciate and please PM me so we could get connected. 

Thanks 

Post: How did you put your offer on a house?

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

@David Faulkner @JD Martin

the neighborhood I'm looking at the price varies from one side of the town to the other. One side there are home selling for 900k and on the other side houses goes for 130k multi family. So I'm just wondering about if there any formula or any rule of thumb to consider? 

Also is the 15% off calculation useful ? 

Post: How did you put your offer on a house?

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

Hello BP Members,

I wanted to know how does most investor place a offer on a house? What values or info to look for to determine if your offer will be lower than the appraised value? I read books and few articles It suggest offering 15% less than the asking price?

Let's hear your inputs? 

Thanks 

Post: How many times can you house hack?

Leo DonPosted
  • New Haven, CT
  • Posts 107
  • Votes 22

@Grant Lawrence

Congrats I'm on the first too but if you would like to connect and would like to share some inputs I would love to connect and discuss. 

Thanks