All Forum Posts by: Anthony Zotto

Thanks! It sounds like a dream having all tenants under the same roof just for the peace of mind!

Hello BP!

I have been collecting duplexes for the last few years and I am looking to keep my duplexes, but make the jump into small apartment buildings around 8-12 units or so. I live in upstate NY, and there are very few 5+ units in my market. I was wondering if anyone could maybe share their story about transitioning from residential to commercial multifamily? Thanks!

Hello BP Community!

I am looking for some advice here. I currently am 50% partners in 4 duplexes. I am 24 years old, I am a car salesman and make great money for the time being. My boss just extended sales hours, adding 2-4 more hours per week on top of an already heavy schedule. I have a daughter due in July and I would love to spend more time with her abs my wife when the time comes. Should I transition out of my sales job and take a pay cut for more family time? Or should I grind out a few more years and make as money money as possible to build my real estate empire. Thoughts? Thanks for reading!

Thanks Alex!

Hello BP!

Can I get a commercial loan in my personal name or do I need an LLC? Just wondering as I am trying to make the jump into mid size multi family. Thanks!

Hello BP!

I am looking for someone to help me out with my taxes for my rental properties! This will be my first year, so I am very new to this. I am 50-50 partners on a total of 8 units, 4 houses. Thanks!

Anthony Zotto

@Nathan G. Thanks!

Hello BP Community!

I have a rental property that has a unique roof as seen below:

Leaves clog this drain and the roof in the upstairs apartment leaks. Everyone I have talked to just says that I need to go on the roof every month and make sure its clear of anything that could clog the drain. Has anyone had this issue or have any long term solution? Thanks for reading and I am looking forward to your feedback!

Anthony Zotto

Hello BP!

I own a duplex free and clear and would like to cash out refinance, but I work in sales and have not been at my job very long. Any advice? Thanks!

Hello BP Community!

I am a recent college graduate and I am unable to meet the conventional mortgage requirements due to lack of employment history. I am looking to purchase a multifamily investment property that I will not be living in. I have 25% down, I was wondering if anyone has had any success with any asset based lenders who will lend based on appraisal and income of the property? Thanks for reading!