All Forum Posts by: Josh Tosi

I have two properties in Wilkes-Barre and it really depends where they are for price/ income on them. Kingston overall though is usually a little bit nicer but it is mostly in a flood plane so higher costs associated with insurance when buying there. 

I personally like just waiting for the right deal to come along and snatching it up. You can still get a turnkey or one with minor updates needed for 40-80k. 

Thats what its looking like in the talks with several banks right now. Shopping around trying to feel out who will work with me

As soon as my tenant initiates the payment and I get an alert that its coming I consider that they payment date. Inevitably when funds transfer that way unless you're doing it in unsecured ways like venmo it will be lagging from payment date. 

As much as I hate them as a bank I have used Wells Fargo  twice for mortgages. 1. 30 year on 28k after down payment 2. 15 year on 38k after down payment

I recently completely paid off one of my rental properties and am weighing options on what to do next. The property is currently in my name but I am planning on quitclaiming it to an LLC I formed. Once I have the property in the LLC I am looking to do a HELOC on the property and use the money to buy another rental property through the LLC. I am just wondering if this makes sense. I am only a few years into the investment game and looking to hear from other investors if this makes sense or if theres a better approach to what I want to achieve (ultimately owning more properties). Thanks for anyones input in advance!