All Forum Posts by: Dominic Pizzi

Detroit is great but as others said, Grand Rapids is a great place to look as well. Great return on investment and potential for cash flow!

Hey Gavin, send me a message! Would love to help in any way I can!

Hey Jonathan! You certainly can, depending on the lender. If we work with you and you recommend us to other people we can set up a referral program with you that if the loan closes you'll get compensated for it in some way. It just depends on the team that you work with!

Send me a message!

Hey Sophie! We are based out of NJ but deal in Florida all the time! Message me if you have any questions!

Flippers are investors. They are investing their time and effort into making a property into what they believe it is worth to sell it at a profit and keep the net proceeds to start all over again. Investors can buy turn key, or properties that need a little TLC. They are almost synonymous with each other. 

You do not need to erase your debt to become an investor. For many loans that calculate by DSCR, they qualify a property based on its cash flows and not the prospective investor's DTI. Is it a good idea to erase debt? Sure, having things you can pay off in the short term will help boost your credit score and give you more money to leverage out, but to erase all of your debt? Not needed.

Hi all! 

I am here in the forums to continue to make connections with real estate professionals! Not only do I work in the real estate field, but I hope to be an investor myself by year end! Would love some people to connect with in order to help grow my business currently and my eventual real estate investment business down the line!

Send me a PM! Creating leverage for yourself will be beneficial in the event of picking up a couple of properties at once!

Hypothetically speaking, if you were to do a cash out on the private side, some lenders have seasoning requirements so you would need to take this into consideration when doing the cash out refi. I would not just take 30K as you could potentially make more if the appraisal comes in higher for the work you accomplished!

DSCR Loans are growing at a rapid pace. They are beneficial in that you can qualify a property based upon its potential cash flows. Pick a lender out of the many that are on here and ask questions!

Hello all!

I wanted to try and create some new connections out of where I went to college. I graduated from Misericordia with my Masters in Business and was a 4 year member of the Men's Soccer Program. I have always had a knack for finance and real estate and I figure that there is no better place to start than where I went to school! 

I would love to connect with like-minded individuals in the real estate industry: investors, brokers, lenders, in this area! Send me a connection message!