All Forum Posts by: Antonio Guerrera, Jr.

Hi Steven,

Were you able to successfully close on a multi family property?

Thanks to everyone who posted.  I really learned a lot about whether to invest in this part of Sacramento.  Seems like I should put my money, efforts, and energies in other areas of Sacramento until this region cools off a bit.

Hi all,

It was the nadir of the real estate market and everyone was telling me to stay away from real estate.  Valuations were plummeting and people were scared and banks weren't lending.  I knew I wanted to get into duplex investing for no other reason then if one side was vacant the other could still at least pay my mortgage and expenses.  So I jumped in and scooped up a duplex putting only 15% down.  I had great credit but couldn't get a bank to lend to me.  So I called on a private investor and got the loan.  Over the course of five years I have made it the best property in the neighborhood and now I get great rents.

Now I'm on Bigger Pockets and ready to do it again (although the market is slightly different).

Hello all,

I have real estate holdings out side in Midtown, Sac.  I would love to position myself to buy in Midtown but at current prices and rent levels I can't make numbers work even with 30% down payment.  I have thought about 1031 exchange into Midtown from other property but still, numbers are tough.  Any advice or is there something I am missing?