All Forum Posts by: Frank Acquafreda

Good luck with your dream! I have similar ones and with hard work and perseverance one day we will achieve them. All the best! Frank

@Jeff Stephens Thanks for your insight.  That is very inspirational.  I would love to hear more about your specific path to "full-time investor".

@Sam B. thanks!

Do you have any recommendations for cities I could be looking at for cash flow property?

Wow Dawn Anastasi ! You really are an inspiration. I am having such a hard time finding anything! Living in Brooklyn NYC the deals for smaller investors are non existent. Could you recommend some zip codes I should look at in your area for investment? Also how do you get access to the MLS? Thanks!

Joe Villeneuve thanks for the reply. Part of me wants to sell, collect the profits and begin that way. The condo itself would give positive cash flow as a rental so that is also on the table.

Hello all, I am just starting out, and looking for my first deal. I want to invest in buy and hold, cash flow properties. I live in Brooklyn,New York and prices I am seeing are CRAZY. I got very lucky and purchased my condo just before the market took off, and it has doubled in value in 2 years. Would it be wise to try and tap the 300k equity to use towards my first deal? Should I sell and buy a triplex? The prices here would make cash flow thin. Just feeling confused about how I should get started. Thanks Frank

@Charmaine M.:

Thanks!

@Antonio Coleman:

Buy and Hold is the plan…. Flipping while my wife and I both work full-time 9-5 jobs seems impossible.  I would like to begin to build a portfolio for the long term, while establishing additional income from cash-flow properties.  

Hello all,

I have been considering Real Estate Investing for years, but never thought it was really possible.  We live in Brooklyn, NYC, and 1 bedroom condos are going for 600k to 1m for the really nice new construction in our area (Greenpoint/Williamsburg).  So I realize we may have to start looking outside of the city.  But with the help of the BP community, I am confident that we can eventually build financial security in real estate investment.  Looking forward to some productive exchanges!

Frank Acquafreda