All Forum Posts by: Marin Ivankovic

Julian I had same issues with rent income. You need to shop more, you will find something for sure.

@Mason Hickman

They supposed to go public in March, but they delayed it because of COVID.

They have approval from city, they already started with small projects.

Do your own research, look who is behind that project. I believe you will put it together

@Mason Hickman

I think EMRCA is answer on your first question.

157k - 25% down - 0 rehab - almost 2 k in rent.

Population : 13 000

3 hours from Boston, 3 hours from NYC, 3 Ski resort 20 min away,Windsor Lake, Tourist Hotel, MASS MoCa - Massachusetts Museum of Contemporary art ( about 300k visitors a year), low property taxes, MCLA - Mass College of Liberal Arts (1500 students) and most important EMRCA - will attract 1,298,00 visitor, create more then 3000 jobs, and generate 328m in increased local economic output.

I bought a rental property in North Adams few months ago, positive cash flow. Very satisfied.

I'm happy to answer any questions. 

I'm looking for low down payment

Hi all,

Few months ago I bought a rental property with my partner in MA. Both units rented, profit cca 600$ a month - 1 year lease both unit. Now, I'm ready to use FHA loan to buy another rental property. I spoke to Bank of America, they told me that they won't count any rental income since it's not on my last 2 year taxes. That means my DTI is to high to get another mortgage. Any suggestions?

Thank you for reading!