All Forum Posts by: Thomas Poloncarz Jr

@Dave Van Horn Thanks so much, you have helped me and i appreciate it. I think the next step after reading the Wendy book which I was able to download for free, is to talk to an attorney. I also came across some info about a RMLO and think I need to research what they bring to the table. Because I think I may need their services possibly. I got that from the Grant Kemp podcast #70. There are a lot of things i need answered to, an dim glad for your help.

Thanks again for your time.

Tom

@Ernesto Hernandez Thanks I must have missed that Podcast, I kinda jump around to what I'm interested on any givin day. Thanks 

Going to listen to now before church. 

Thanks again have a great day!

Tom

@Dave Van Horn Thanks Dave. I checked it out and I'm going to look a lil further. It seems like just what I'm looking for. 

Do you have any insight on how I can go about finding out whether Sub-to's are allowed in my area? And  if Sub-to's are a good strategy at this point in the market. I've been told the market is starting to level off. 

Thanks again for your help 

Tom

@Jonathan Pflueger what would be a good cash flow number on a house hacked double? and what number should I get my return for a house hack? Is there a Cash on Cash return I should look for?

Thanks for your Time

Tom

@Jacob Wathen very good. I'm starting to build my network and it's great to have this site for connections.

Thanks again

Tom

@John W. Thanks for the post very good info. I'm curious how I make adjustments on the BP rental Calculator for potential house hacks. Or do I just use the same numbers?

Thanks again

Tom

@Account Closed Do you know of any books or courses that may be good in teaching me the ins and outs of Subject to's

Thanks for your Time

Tom

Hello, 

I'm trying to run some numbers on the BP Rental Calculator on properties that I may be interested in house hacking. I'll be using an FHA 3.5% down loan as this will be my first investment property.

 I'm curious what adjustments I make to the numbers on the calculator to show me if the deal is good. What numbers should I look for? C on C, monthly cash flow, cap rate etc. Should I do it without the income from the unit I'll be staying in or should I input that number in as I'll only be living there till I can get another property and then be getting the income at that time. 

Hello, I'm looking to research and learn more about subject-to deals and how to put them together and what to look for using that strategy. Is there any books or research I can get to help with learning this strategy so I can do deals properly? any assistance will be appreciated. 

Thanks for you consideration

Tom 

@Casity Kao thanks for the info those are the lists he actually mentioned and started for me. Thanks for your time and help. 

@Jacob Wathen my guy works at Keller Williams as well here in Buffalo Ny. He is also a Detective at BPD. and he invests as well. Thanks for your help.

Tom