All Forum Posts by: Ricardo S.

Redfin is the best site. Although it doesnt show properties for some areas.

Welcome!

Umm... They manage your property? 

@Mike C. 

 The best thing to do is purchase properties out of state. particularly southern states.

Its really not that hard and properties are dirt cheap. Finding financing is easy as well.

Don't be scared. But if you want to compete in NYC you will need to have a lot of cash on hand. Atleast 100k. 

Your first step should be to optimize your budget and spending. This is important because it will allow you to save for your first property.

correct! 

Search the MLS. Personally I like redfin. But Trulia is good too.

A property that is already a multifamily would be best. Most have separate utilities and it would be overall cheaper.

The only way I would buy a SFR that can be converted to a multi family is if the price is a steal!. Renovation costs can get quite expensive.

Damn everyones buying properties! Where do you get the money?? sheesh lol

My goal is to pay off my credit cards so I can rebuild my credit to then purchase my first buy and hold.

 The sapphire card has the chase blueprint feature. So it let's me set up a planned amount so I know how long it takes to payoff my card at a specific monthly amount. It's going to take about 7 months or so. The Citi card is roughly about the same. 

Thanks guys for the help!

 I would only use my CC as a last resort. I don't think banks do signature loans anymore? Atleast not with my credit score range.