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All Forum Posts by: Mike Mullen

Mike Mullen has started 2 posts and replied 4 times.

Post: [Calc Review] Help me analyze this deal - Potentially My First Deal!

Mike Mullen
Pro Member
Posted
  • Posts 4
  • Votes 4

@Rami Khaldi  Yeah this is an early analysis from what I can gather online.   As for the down payment, I am just going off of what a loan officer told me he could get me which was a 5% down payment. 

This is a property in Allentown, PA

Post: [Calc Review] Help me analyze this deal - Potentially My First Deal!

Mike Mullen
Pro Member
Posted
  • Posts 4
  • Votes 4

Let me know what your thoughts are on this! I am getting started and plan to buy my first property within the next 4 months.  This one is out of state but it is one of a few that seem to be good deals.  Let me know your thoughts or questions!

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Post: Looking to get started - Looking to talk with an experienced NJ investor

Mike Mullen
Pro Member
Posted
  • Posts 4
  • Votes 4

Appreciate all the input guys Thank you!  Excited to keep learning and making some moves.

Post: Looking to get started - Looking to talk with an experienced NJ investor

Mike Mullen
Pro Member
Posted
  • Posts 4
  • Votes 4

Hi! 

I am looking to get started in real estate investing in Northern New Jersey.  I have an idea of what I want to do to get started but have a lot of questions and would love to pick someones brain about investing in NJ.

I would like to get started by house hacking for a year or so and build up some equity and save some cash for another after that.  

What are some of the things you would do first to get an idea of what and where I should start looking?

In the NJ market how likely is cashflow in the first two years?

Just a ton of beginner questions and would love to chat with someone about it if anyone is in the Morris County/Union county area!

Thanks in Advance!