All Forum Posts by: Michael Ferrara

Wow, I really appreciate the responses and appreciate the words of wisdom.  I am really releived to hear that there is a way to get financed and I am looking forward to getting that first property under my belt.

Taylor,  I am in the Joliet/Plainfield area looking for properties in Naperville, Aurora, Joliet, Bolingbrook, Romeoville, Plainfield, Crest Hill and surrounding areas.  Are you in the City? Would love to connect, sometime.

Kristen,  that is really good to hear and I will have to take you up on that offer sometime to chat.

Jonathan,  absoulelty and would love to connect.

I again really appreciate all of you taking your time to respond to my post, as you know starting out with something new is always scary and hearing from others that have paved the way before me is always encouraging and motovating.  Thank you again and I look forward to connecting with each of you.

Hello BiggerPockets family, my name is Michael Ferrara and I have been dragging my feet on getting started in Real Estate.  I have been going back and forth from Short Term Rentals, Long Term Rentals, Multi-Family, AirBNB Arbitrage and everything in between.  I would really like to get into purchasing multi-family buildings to rent out long term as well as purchasing C and D Multi-Family buildings and fixing them up to B properties to flip.

I would love to connect with others in this space as well as others that are getting started just like me to help each other on the journey.

One of the biggest problems I am trying to get over is how in the world will I be able to get financed for these types of properties.  I am self-employed make good money, however, on paper is a different story.

I am in the Illinois market, which my goal is to one day move far far far away from Illinois, however, for now this is where I will need to begin my journey.

I appreciate everyone on here and I am excited to connect, grow and hopefully be able to one day help others who are starting there journey just as I am today.