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All Forum Posts by: Ronny Tiburcio

Ronny Tiburcio has started 65 posts and replied 242 times.

Post: Is NYC a good place to start your real-estate investing

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123
Hey guys I'm from NYC(Manhattan) and I wanted to know if it's a good idea to start investing here where I am from even though it seems like it's pretty expensive to buy property.

Post: funding rehab project

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

So that wont help me if i want to come up with funding to rehab the house i want to purchase right?

Post: funding rehab project

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

@Matt K. When you say house hack, what do you mean?

Post: funding rehab project

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

@Matt K. Can you elaborate on that?

Post: funding rehab project

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

@Mateusz Prawdzik in response to your second paragraph, if i just want to flip and i come up with 20% of the total loan amount, what kind of loan am i probably eligible for? Would that be a conventional, hard money, or private loan?

Post: funding rehab project

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

The act of purchasing a property, then reselling it at a profit.

Post: funding rehab project

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

@Antoine Martel Got it and is that because i wouldnt be allowed to or because it wouldnt be approved by lets say, a bank?

Post: funding rehab project

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

I am reading the book on flipping houses and it mentions how difficult it can be to receive money for rehab on the house you are trying to get a loan for. If i were to go with traditional financing, how can i come up with money to rehab the home?

Post: How to choose a mentor

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

@Tristan S. Thank you.

Post: How to choose a mentor

Ronny Tiburcio
Pro Member
Posted
  • New York City, NY
  • Posts 247
  • Votes 123

@Tristan S. What kind of local events am i looking for and what kind of local events am i trying to avoid?