All Forum Posts by: Paul Scalcione Jr

Hi Ben thanks for writing this post. I agree with this notion however where are 4 family properties usually offered? I am on the eastern side of long island and there are mainly multi family and single family homes. I really like the idea of using an FHA loan and 203k loan to start in real estate. Thanks for letting me know about these loans. I will have to see find where these loans are offered. What has been a main contributor to your success in real estate?

Hi Ben thanks for writing this post. I agree with this notion however where are 4 family properties usually offered? I am on the eastern side of long island and there are mainly multi family and single family homes. I really like the idea of using an FHA loan and 203k loan to start in real estate. Thanks for letting me know about these loans. I will have to see find where these loans are offered. What has been a main contributor to your success in real estate?

Hey guys I really appreciate the feed back. If I get a job in RE, what would you recommend  I get in to? I feel I have drive and I am not afraid to take a risk. I am not afraid to fail I just want to make the right moves and if I can learn from the experience I feel I can only grow from there. what do you guys handle risk?

Hey everyone, I am looking to make consistent cashflow for my retirement and have something that I can pass down to my children. I don't have a lot of cash to put down and will have to be creative In order to buy a property. I am currently living with family and I have a fiancé who shares my same passion. I am looking for deals, educating myself, and listening to podcasts. I continue to learn more and more with each podcast and book I open. I found something I like but it has 7 units and I am getting turned down by lenders because I have no experience. I have been told to start smaller and work my way from there. However, I am ready to jump two feet in to this and treat this like a business. I work 80 hours a week and feel like I'm going in circles. I don't love either one of my jobs. I'm sure a lot of you can relate to this. I want to retire my fiancé. She loves kids and wants to be home with her own. I'm not sure what my next step should be. I am pre approved for a loan and will be looking at more properties this week. I am looking at multi-family properties as my first property to invest in. I like the idea of a apartment complex. The more units the better. The faster I can get rid of one of my jobs the better. Thanks.

Paul from Long Island, NY