All Forum Posts by: Brian Hernandez
Brian Hernandez has started 2 posts and replied 3 times.
I’m selling my NYC property and planning a 1031 exchange to defer capital gains taxes. Instead of reinvesting in one expensive property, I’m looking to buying properties out of state. I’m hoping to see if the brrr method seems more reasonable to do with what I’m going to have what’s left or just fixing & renting. The goal is to diversify & maximize cash flow & potentially own multiple properties all at once.
Post: Wanting to buy my first multi family property
- Posts 3
- Votes 8
Quote from @Scott Mac:
People buy used shoes (???)
I didn't know that.
not used shoes lol, its sneakers that are over hyped and people pay high prices for them for example, Kanye West sneakers "Yeezys"
Post: Wanting to buy my first multi family property
- Posts 3
- Votes 8
Hello everyone,
I'm 21 years old trying to buy my first property mostly out of state since I live in NYC. I have $40k cash saved mostly from reselling sneakers and other items,I have 2 part time jobs currently and a good credit score with about $5k in cc debt.Is there any way i'm able to buy properties since I don't have enough years for w-2 (Started working both jobs this year).