All Forum Posts by: Juan Rosa

What are you opinión of this deal: bought home for 410k, fha with 6% seller concession.

The home is a live and flip deal.

4bed, 1 bathroom. 1500Sq ft cape, roof is mid life, no foundation issues, no oil tank issue, no furnace issues

Renov 48k ( on a personal loan) ( New kitchen, second bathroom, landscaping, fencing, repair existing bathroom, New flooring, paint the inside, replace two window, repair deck, putca couplecof gutters,, update electrical panel, New major appliances)

With the current market in my area ARV 560K (iam in upstate ny)

Should I keep for 2yrs or refinance and rent this out? And is this a good deal? Iam I ahead in the right direction

@Andy Mason than you brother for the advice

In a costal market like NY, NJ, and CT where appreciation is greater than rental income. What is the best strategy or approach that real estate investor should use to invest? For example, would it be a buy and hold, flip, BRRR? Or look else where ?I am in Westchester County NY, and I want to start out investing in real estate. I am going to refinance very soon on my primary residence and cashing out 125k. I got a great job and iam not looking to leave it just yet but I want to start out investing on the side. What should I do?

@Matthew Ruderman The hudson Valley, NY is a great place to start. There is plenty of deals to find.