All Forum Posts by: Stephen Tassy

I think this is a great point. Paul, there are lots of options even outside of the traditional financing world that can be an option at a lower percentage than 3% (hard money lenders, private lenders), but the cost comes at a higher interest rate. I definitely would encourage you to gain confidence in your financial decisions - your example of failing once does not mean always failing. Long distance real estate investing is an option - NYC is historically ahead of the curve when it comes to real estate legislatively and cost-effectively. In other words, you're in an expensive market, that while not devoid of opportunities, will be difficult to access without hard work, connections, and creativity. Lots of other markets are accessible though. Reach out, I'd love to hear more.

Good for you for reading through the contract carefully, definitely a strange situation. A good reminder for us all!

Joe, we buy and sell 15-20 deals a month in the Durham area, from single family to multifamily to commercial! Happy to help.

I have a lot of investors and friends who have properties in the Garner/Clayton areas and have a variety of investment strategies that are working for them. Definitely great place to invest, would love to share more.

Hello! I wanted to get a discussion going on how much the market should affect the different investment strategies. If you're a buy and hold investor, should you wait until the rates go down? Pivot to fix and flip?