All Forum Posts by: Michael Kovac

Aundre Oldacre you have an email from me. I am working with a few listings that may spark your interest. Keep in touch! Best, Michael

Welcome to the world of REI Jason Natelle !! Connecticut turn key is possible so that you can keep it close to home! If you can stomach a 8-12% cap I have fully tenanted properties I can show you with management in place. It is all dependent on your goals... Best, Michael

I have absolutely zero experience investing in PA but I know those that do and have great success with it. I for one choose to stay close to where I live but if I wanted to reach beyond local properties I would look deeply into PA. The majority of CT is an appreciation market, if you want cash flow there are a few areas which you will have to focus on. Generally the more heavily populated cities can have some good opportunity; Stamford, Bridgeport, Waterbury, New Haven, Hartford etc. Good luck!

You are the man@Jonathan Makovsky!!! Big thanks to you for keeping them going...

See everyone there.

Welcome @Aaron Hawthorne to the world of REI!!!

I am a local agent and investor that specializes in multifamily property and would be more than happy to help and show you around. I am based primarily out of Fairfield County but I am always willing to travel. If you need a hard money lender I can help with that as well.

Best,

Walid Elfoly I work with a hard money lender that can provide a variety of different products at better rates than that with proof of stabilization. Please feel free to call/text/email me with any questions. I would be happy to help. Best, Michael

I own property and live in the surrounding area. I have a good pulse on that market. Being as though you just purchased that two family in Bridgeport I can only assume that you want to do more...

I would love to chat, give me a call/text/email if you have any questions.

You could effectively get it done with no liquidity by posting collateral or doing a HELOC on one of your other properties, but then once again is the pitfall of over-leveraging. All a matter of your strategy. Some are scared of debt, others want as much as possible.

@Bob Mazza

Non-Owner occupied investment property with less than 20% down would be very hard to get done. The only way to do this in my experience is to get OPM and thereby bypass having to use your own money. But no matter what it will have to come from somewhere.

On another note I don't know if I would want to have my money in something greater than 80% LTV. It provides a cushion in case of a market turn.

Try to find properties where the owner has had trouble selling for whatever reason and see if they are open to holding a note. Sometimes people just want out and are willing to try something different...