All Forum Posts by: Nathan Kawalerski

Hello, I live in Buffalo, NY but am interested in purchasing in Pensacola, any advice regarding taxes, partnership, and strategy? 

Good Morning, looking for some recommendations for Facebook groups or blogs to follow for investing in southwest Florida. Both LTR and STR. Thank you!

Hey everyone, has anyone invested in Fundrise? Seems legit. 21 straight quarters with gains. 

Quote from @Kevin Woodard:

Hi Nathan, are you looking to occupy the units? You may get competitive rates with those shops, but the quality of the product will vary. I’m in the process of doing the same and would be happy to help and share what has been helpful for me. 

 Hey Kevin, my wife and I live in our primary residence and do not plan on living in the duplex. 

Quote from @Mitch Davidson:

Thanks, @Marcelle Abel. Hi @Nathan Kawalerski, sadly NY is one of the only states I can't help in. That rate indeed seems high, but perhaps WF is the investor (i.e., portfolio loan, rather than Conventional where Fannie or Freddie will buy the loan). For a conventional loan, I think most lenders right now will be around 6.5% give or take. Also, people often say they had a terrible experience when getting a mortgage from a large depository bank. Mortgages aren't their sole focus, and their staff are paid a rather low salary rather than commission. Especially for an investment purchase, as an investor myself, I feel that it's critical that you not work with a call center type lender, nor a large depository bank, but rather that you work with a mortgage lender where the loan officer is your single or primary point of contact, where they're paid commission only, where you can reach them in the evening, and where they really know the various rules and complexities of investment purchases and investors. 

 Thank you for the feedback. Do you recommend quicken or rocket mortgage ? Or someone else perhaps 

I realize it's subjective but I just got quoted 7.3 APR on a duplex investment property mortgage with a good credit score from Wells Fargo? Seems a little high. Anyone getting better quotes?

Quote from @Matthew Irish-Jones:

Quote from @Nathan Kawalerski:

Hello, considering looking for an accountability buddy in the Buffalo area. Has anyone else done this before? Recommendations for frequency of calls?

 What are you hoping to get out of an accountability partner?  I always advise people that vendors make the best partners.  You can fire them if they don't perform, they will work hard to earn your business, and it will be a mutually beneficial relationship if all parties keep their word. 

For me I would like someone just starting out in real estate who is hungry and we can share weekly progress with each other on our deals or what we are working towards and hold each other accountable.  

Quote from @Thomas Latuga:

10/12 - always the 2nd wednesday, 6-9p.  only location flexes

 Great thank you that’s easy to remember. I put it in my calendar and am looking forward to meeting some local investors!

Quote from @Thomas Latuga:

@Nathan Kawalerski come to the September REIA and lets chat - 9/14/22, 6-9p, location TBD. Location will be verified and posted on the events page. I love masterminds, accountability, and growth.

Thomas, I would love to but I’m going to be on a family vacation in Virginia Beach. I definitely want to come to the October one. Do you have the date so I can ensure I have a sitter lined up or my wife is available? 

Hello, considering looking for an accountability buddy in the Buffalo area. Has anyone else done this before? Recommendations for frequency of calls?