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All Forum Posts by: Rosaria Pipitone

Rosaria Pipitone has started 9 posts and replied 35 times.

Post: 2nd property- how to finance?

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

@Chris Teti thank you! I didn’t even consider hard money lenders as an option. Not sure why. Just started my research on local lenders

Post: 2nd property- how to finance?

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

@Nick Riccio yes, I’m looking to buy an investment property with a mother in law suite so I can house hack.

Post: 2nd property- how to finance?

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

I bought a duplex with a FHA loan last year. Upgraded the property and now ready to rent. Cash flow will be about $500-$600 per month. Looking to purchase my second property. Wasn't approved for a mortgage for a second home. Does this mean I have to purchase my second property as an investment property? Any creative options?

Post: Looking for advice on where to invest in PA

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

Looking to invest in an Airbnb property in PA. I’d like to Airbnb in the winter and use the property in the spring/summer. Preferable near a lake and mountains. Any suggestions? Looking for a good realtor, too.

Post: Has anyone ever invested in the Poconos area? Any suggestions?

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

@Mark Miles thank you so much for the insight! Just started my research and you’ve clarified a lot. I’m looking for an affordable location where I can have my second home that relatively close to my primary (Philly area) and Airbnb in the winter (not a skier).

Just FYI- here’s one of the articles about Disney’s purchase of property in the poconos. There’s YouTube videos as well. Not sure of this will change the pocono problem but thought I’d share.

https://www.google.com/amp/s/www.pahomepage.com/news/work-begins-for-pocono-springs-massive-entertainment-destination/amp/

Post: Has anyone ever invested in the Poconos area? Any suggestions?

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

Heard Disney bought some property in the Poconos. Looking to buy a second property up near the Pocono area. Anyone familiar with that area? Do you think buying property in the outskirts of a Disney resort is a good idea?

Post: Property #2- down payment tips

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

It’s only been 4 months. I’d like to purchase it earlier but if I have to wait, I will. 

Post: Property #2- down payment tips

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

Hi BP Community!

Happy New Year. I am a new investor looking to pitch case a second property. My first property was a duplex. Used a FHA loan to purchase. Looking for any innovative tips and tricks BP community members have used to purchase their second property. I would like to avoid a 25% down payment. Open to taking a HELOC on my duplex to purchase next property.

Thanks in advance for sharing your innovative stories!

Post: Where do you post rentals besides Zillow?

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

@Nicky Reader great advice. Thank you

Post: Where do you post rentals besides Zillow?

Rosaria PipitonePosted
  • Rental Property Investor
  • Haddon Heights, NJ
  • Posts 35
  • Votes 6

@Joe P. Would you rent to a tenant that is paid off the books?