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All Forum Posts by: Nick Acquilano

Nick Acquilano has started 1 posts and replied 4 times.

Mortgage Brokers & Lenders

Post: Finding financing problem

Nick AcquilanoPosted
  • Rental Property Investor
  • Ithaca, NY
  • Posts 4
  • Votes 2

@Ned Carey

Yea geez shame on me for not wanting to pay taxes

0 Votes
Mortgage Brokers & Lenders

Post: Finding financing problem

Nick AcquilanoPosted
  • Rental Property Investor
  • Ithaca, NY
  • Posts 4
  • Votes 2

Like to reach out and get some opinions. I have two multi family cash flowing rentals in Syracuse NY. I have always had trouble getting financed due to my job. I bartend and don’t show much income. I do however make good money. It’s crazy to me that I’d have to go back to a 40 hour a week job and make LESS money just to show I make “more” on paper. Anyone run into this problem? Any tips or ideas? Thanks in advance!

0 Votes
General Landlording & Rental Properties

Post: Buy rental property in location with no appreciation? Upstate NY

Nick AcquilanoPosted
  • Rental Property Investor
  • Ithaca, NY
  • Posts 4
  • Votes 2

@Josh Feldman I just bought my first deal and I had to go out of town to do it. I live in Ithaca area and the market is really expensive. Got a great deal in Syracuse. Was curious about the Binghamton area. Would love to connect and talk. Best of luck!

2 Votes
Starting Out

Post: So what's holding you back?

Nick AcquilanoPosted
  • Rental Property Investor
  • Ithaca, NY
  • Posts 4
  • Votes 2

@Frank Patalano Banks! I’ve just started out in the cortland/Syracuse NY area. I am a 800 credit score with 100k in the bank. No debt, never missed a payment. Problem is I bartend and I don’t report all my income. So it looks like I make around 30k a year. Any advice?

0 Votes