All Forum Posts by: Kevin Paulk

Hey @Katherine Wilkerson Welcome to the BP community!

If you think you are most interested in fix and flip I would start with picking up a few fix & flip books to help educate yourself. You want to start learning your market, what a good deal looks like, the real estate lingo, rehab cost and etc. I would also start attending meet ups. It's a great way to find people who are already doing what you want to do. Hope this helps!

@Jessica Stern try the private money route. Tap into those friends and family members and see who has money in the bank that could use a better interest rate. 

@Aku Kennedy

As a New Yorker who invest in Philly, I would say go take a trip there. You are only 1hr 20 min by train and under 2hrs by car. Explore a few neighborhoods. Find out what you like and don't like and g from there.

Philly is very block by block as opposed to neighborhoods or zip codes.

@Donna Eskew Don't complicate this. Set up a bank account for the property and have your potential tenant do a bank to bank transfer (ACH). Easiest way!

@Kelly Jenrette I would talk with the lender you found and ask them. They should know a few in the area.

Good Luck!

Hi @Anna Cerda you can check out the website affordablehousing.com.They have a large database of apt's that work with vouchers. Just search your borough.

Hope this helps.

@Stavro Thinjos Here is some good info on STR rules & regulation from the city's website.

https://www.nyc.gov/site/speci...

The Office...lol

@Alexandra Winkler

Here is a link for the residential tenants rights guide for NY state. 

Hope this helps!

https://ag.ny.gov/sites/defaul...

@Theresa Harris @Mister Jenkins

Theresa is correct! If both mortgages are covered by the seller, why should it matter. 

Also you don't know what you don't know. A quick property record search of the property would let you know what is recorded with the county on the property.