All Forum Posts by: Markus Jackson

@Allan Szlafrok that’s great Allan I am in the process of building a great team there while acquiring a property that needs some work. Ideally I would like to use a 203k or form of renovation Loan to fund this rehab.

@Michael Baker How did the Gut renovation turn out? We are considering buying a SFR and converting into a duplex with a renovation loan. Or possibly just buying a house that needs some work in a desired area.

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I’m and actively doing research on renovation Loans and understanding more about our possibilities and limitations.

I am expanding my education on financing a renovation to rent out && hopefully cash flow.

@Markus Jackson in addition, we removed inspection Contingency. We had our lender email the seller and stated DTI

@Allan Szlafrok

Journal Square, Bergen, West Bergen, The Heights. Yes we are Pre approved

@Michael Baker

JOURNAL SQUARE,

And surrounding

Bergan, West Bergan

The Heights

Marion

@Andrew Smith

Jersey City, Nj

2 family

Hello BP Family, my partner and I have been aggressively making an attempt to purchase an investment property in NJ, Jersey City area.

Our focus is/was a 2-3 multi family home that we plan to house hack for 1 year.

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We placed multiple offers either at ask price or above ask price and even removed some contingency’s to make our offer more attractive.

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Problem: We often have to compete with multiple offers that have 20 percent down, and the seller believes that we cannot close which is far from the truth.

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Are there any solutions or tips for this issue?

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Our position: 5% down property’s around 600k+ in aggressive market.

@Shelby Ek Sounds like a good deal

To me, I have a few offers out in Jersey City, New Jersey now to do the same!

@Joshua Howaniec Great read! Thank you.