All Forum Posts by: Ilya Aksenov

thank you for the input today. @jeff morelock I went to the link but it wouldn't come up. It says content is unavailable. And @robert curls I will do my research on the surrounding areas 

I want to start with a triplex I also have been looking at 5+ units. If I stay in NYC probably start with a triplex but if I move to Florida I might look for something bigger. If you don't mind me asking where in Florida do you invest? 

Good morning everyone, 

 First of all happy Mother's Day to all the moms on bigger pocket. 

I'm stuck between staying in NYC and starting my investing here or moving to Florida in Serrasota area closer to family and starting there. I'm looking to do multi family and wanted to ask if anyone is investing around Serrasota or Tampa area and how the market is. Or should I stay here and invest in Florida, I know my wife and I eventually would like to relocate to Serrasota area.

I do understand that I will get more for my money in Florida just buy having done my research here and it's hard to find anything under 400k. 

Thank you

I think once you do the rehab you will obviously see a better ROI. Just don't over do it on the rehab stick to, in a sense timeless changes if that makes sense. How long you have left on the 1 year lease

I think if you ran your number correctly it's a good investment. Interns of the rehab are you going to wait till the tenants move out? Whats the average rent for a 3/2 in the area?

Am I able to use the FHA loan for a commercial property or is it strictly for under 5 unit properties.

Thank you. Might need to rethink my approach wanna start with a larger building but here in NY super pricy. Will look at some options. Thanks again 

I'm looking at a 7 unit property with a retail space on the ground floor (deli) I'm new to investing and looking for a first property. I have some money saved up but before going to the bank how much would my down payment would be? Can I go as low as 10%?