All Forum Posts by: John Cashin

To the person asking the question, yes it can be done, but it definitely requires both assets/liquid & good credit. also it depends on the house you are buying... i just bought a house with 5% down, but we are getting a loan for the full $380k after all is said and done. However, had I not put the 5% down in cash, the next highest bidder would have taken the house with his higher cash offer, no contest.

you gotta take other people bidding into account otherwise with your terms (like zero down) you may not get the investment. so do you pass up the good investment so you can do a zero down deal? or do you adjust within your means to allow you to make the investment and ultimately make money off of it?

Thank you! Its located in South Huntington near St. Anthony's in a beautiful neighborhood at the end of a cul-de-sac. Its close to jericho turnpike & not more than 5 mins away from the northern state.

As for help, i'm really just reading through posts now to get an idea of what other people have done with their investments and absorbing as much information as i can without bugging people with questions when i can find them out in previous posts. My main goal at the moment is to become as familiar as possible with everything rehab and real estate so i can be successful with this investment and develop my next investments into more profitable ones as i go. but you can be sure that you'll be hearing from me! :mrgreen:

Hi, John here from NY. I just bought my first investment property here on Long Island - a real fixer upper, and I'm planning on flipping it for a nice ROI. I figured it would be a good idea to get advice from pros (or atleast people more knowledgeable than i :wink:) as i go along since i'm 23 and don't know what the hell i'm doing yet!

i'm really excited to start in the world of real estate, and investing in general, and i can't wait to buy my next one already! i'm lookin foward to talking with you all, bye for now!