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All Forum Posts by: Liam Sterbinsky

Liam Sterbinsky has started 3 posts and replied 3 times.

Post: Where Should I Flip?

Liam SterbinskyPosted
  • Orlando, FL
  • Posts 3
  • Votes 2

Hello all,

I'm willing to move just about anywhere in the country to begin investing in real estate. For a long time (~6 years now) I've been learning and researching, but it wasn't until recently I was able to really start really saving some money and drumming up interest among family members as well. I'm currently located in Orlando, but have family in North and Southern CA, New Jersey, Nashville, and  Dallas.

I'm trying to determine potential farm areas for flipping, but I'm struggling to narrow my search. I'm looking at population trends and foreclosure trends, but the market seems too hot everywhere! I'm pulling rough numbers off of sites like Zillow and nothing looks very promising. The same goes for rentals, positive cash flow seems near impossible.

Does anybody have suggestions or tips for this part of the process? I've never been more ready and I know deals can be found even in this market, but I'm not sure I know how to look let alone where.

Thank you for your time!

Post: House Hacking In LA & Orange County, 1st Time Home Owner

Liam SterbinskyPosted
  • Orlando, FL
  • Posts 3
  • Votes 2

Hi all!

I'm looking for any and all advice I can get on preparing, searching for, and finding my first property. I'm hoping to find a successful house hack somewhere in the Los Angeles and Orange County areas with my commute being to Anaheim. I'm likely going to need to finance with a FHA and a family member co-signer/borrower.

I know this is a very difficult and very hot market and based on preliminary research a duplex likely won't cut it but triplex and 4-plexes may be unaffordable when it comes to even a 3.5% downpayment and PMI fees. I don't necessarily expect to cover my mortgage but want to supplement my cost of living while building equity.

I'm extremely new to this and realize I may realistically still be a couple years out from pulling the trigger but I want to be making meaningful steps towards what I need to do to be ready. Any tips on learning the market, local laws, and another advice is greatly appreciated! Thank you!

Hi everyone,

As the subject says I am 100% new to real estate and I am a college student attending and living near USC in Los Angeles. I really want to get started in real estate and get myself set up financially from a young age. I've already begun investing with a retirement account so for me this is the next step.

If anyone has tips or suggestions for me I would love to hear them! Being in college and being in Los Angeles makes it hard—maybe even impossible. I have no money and real estate here is VERY expensive.

Thanks! See you around.

Liam