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All Forum Posts by: Tony Pellettieri

Tony Pellettieri has started 19 posts and replied 142 times.

New Member Introductions

Post: I Love Realestate

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77
Quote from @Eric DePoto:

 @Tony Pellettieri, thanks for the info.  I am working over the next few Tuesdays but will definitely get in on that.  I may bring some other ppl to it if that is okay?

Of course. Anyone is welcome to attend. I’ll be starting a Wednesday morning group as well in rock hill, sc around the same time for local investors to attend.

Rock Hill Diner
First Meeting Feb 14 8:30am
0 Votes
Charlotte, North Carolina
Wholesaling

Post: Wholesaling for New Investors

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77
Quote from @William Broughton:

@Tony Pellettieri Thanks for reaching out and connecting! I will definitely try to come out one of these Tuesday mornings soon. I often listen to the BP podcast and others especially while in the gym, so its helpful. Appreciate the links as well!


 Look forward to meeting you. I hope you make it and am happy to help however I can.

1 Vote
Charlotte, North Carolina
Wholesaling

Post: New to wholesaling, Looking for Help.

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Richard, Welcome to Bigger Pockets!

In terms of books, there are many out there. Whether you prefer to read hard copies or listen to audio books(my preferred method), here are a couple on the topic of Wholesaling.

The Ultimate Guide to Wholesaling Real Estate

The Beginner's Guide to Wholesaling Real Estate

Bigger pockets also has a book on the Subject How to Wholesale Real Estate

Hope this Helps and gives you somewhere to start. Good Luck!

1 Vote
New York City, New York
Starting Out

Post: Need advice about a lender

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77
Quote from @Rodolfo Veloso:

Hi,

I spoke to a lender about a home loan for a primary residence. This will be my second loan. I currently live on a property I bought last 2022. I am doing medium term rentals (MTR) with 2 tenants at the moment. The lender told me I have to provide lease agreements with at least 12months minimum of stay. I told him I do MTR and tenants only stay 3-4mos. He said it’s their requirement. I might just drop the application. I like the lender because I can do 5%dp and my current loan is with them. Any advice? 


 Private lenders have much more flexibility than Conventional Lenders. I would reach out to, and I’m sure you’ll get quite a few responses from on this post, other private lenders. Each company has different guide lines. There are few regulations and each lender is able to operate how they choose. Depending on your relationship with a lender, they can move heaven and earth to get you funding same or next day. The more business you do with a lender the more they will do to help you and keep your business with them. 

1 Vote
Orlando, Florida
New Member Introductions

Post: Real Estate Investor

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Soninha, Welcome to Bigger Pockets!

What area's of REI are you interested in pursuing?

0 Votes
New Member Introductions

Post: New member intro

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Robert, Welcome Back to Bigger Pockets!

As I'm sure you know, BP can be an incredible resource.

Good Luck in your endeavors!

0 Votes
Mesa, Arizona
Creative Real Estate Financing

Post: New investor creative financing

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Lisa, Welcome to Bigger Pockets!

A couple of great books on I'd recommend checking out on the topics of Acquisition using OPM and Creative Financing are below.

The Book on Investing In Real Estate with No (and Low) Money Down - Audio Book

Wealth Without Cash - Audio Book

Hope these help you as much as they've helped me! They should get you on the right track.

Good Luck!

0 Votes
Fort Collins, Colorado
Multi-Family and Apartment Investing

Post: How do I know I’m getting a good deal?

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Antoinette, Welcome to BP and the world of Real Estate Investing!

Bigger Pockets has a few calculators you can plug in relevant info into to calculate ROI, and other metrics of a property you're analyzing.

The right decision or good deal are not always universal. You have to decide, are the returns the investment generates satisfactory to you and do they align with you investment goals? 

A great book that can help you with calculating KPIs and Metrics on rental properties

Real Estate by the Numbers - Audio Book

May be a great place to start...

Good Luck!

1 Vote
New Member Introductions

Post: New to investing

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Pamela, Welcome to Bigger Pockets!

A couple of great books on No/Low Money Down and Creative financing are below.

The Book on Investing In Real Estate with No (and Low) Money Down - Audio Book

Wealth Without Cash - Audio Book

Hope these help you as much as they've helped me! They should get you on the right track.

Good Luck!

0 Votes
Los Angeles County, California
Wholesaling

Post: Where To Start?

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Skipe, Welcome to Bigger Pockets!

In terms of books, there are many out there. Whether you prefer to read hard copies or listen to audio books(my preferred method), here are a couple on the topic of Wholesaling.

The Ultimate Guide to Wholesaling Real Estate

The Beginner's Guide to Wholesaling Real Estate

Bigger pockets also has a book on the Subject How to Wholesale Real Estate

Hope this Helps and gives you somewhere to start. Good Luck!

1 Vote
New York City, New York