All Forum Posts by: Troy Iversen

@James Gates Wow well done congrats! Can you please inform me on your next step on buying another one with the loan ? Thank you

Hi so I am looking in northern NJ for a two family but it is harder than I thought. I found a lot of homes with mother/daughter and in law suites. Am I allowed to rent them out to help with my mortgage? Maybe put a separated entrance for the tenant to the apartment? Any advice please what to do or towns that look the other way.

Hi I am looking to get into some syndication deals but don’t know how to find any? I live in New York but I am willing to invest in deals anywere as long as the deal is right. Pleas help! Thanks

What is better to do 15 year or 30 year mortgage if I'm trying to become a real estate investor?

Thank you for your input. I will have to do more research after your advice so I make a smart move. I want to study the areas I am looking at more in detail. Good luck with your future investments in France!

Thank you so much for your advice, it really helped me. Made great point on 1 & 2. I will have to sit down and figure out number. Say the option number 2 and the new propert would give me a positive cash flow at the end of the month for say $1000. Would you suggest putting all eggs in 2 basket?

Hi so I bought a 1 bedroom apartment in 2015 for 170k. It has gone up about 40k since I bought it and I have a tennant living in it. I put 22% down 15 year mortgage. Tennant is almost paying for the full amount of mortgage. I have about 80k saved up for my next deal. Should I sell my apartment and use that money plus what I have for a property with more units, or keep my apartment and just buy a second place with what I have saved? Thank you