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All Forum Posts by: Marc Anazco

Marc Anazco has started 1 posts and replied 2 times.

Post: Starting Virtual Mastermind Group For Amateur Investors

Marc AnazcoPosted
  • New to Real Estate
  • New Jersey
  • Posts 2
  • Votes 0

Hi Tim! This sounds like a great idea, and would love to be in this group. Is there a link or date to when the first meeting will be?

Post: Living in house, before renting out

Marc AnazcoPosted
  • New to Real Estate
  • New Jersey
  • Posts 2
  • Votes 0

Hey all. I’m a newbie here, looking to start investing in properties. My goal is to have a few properties under my belt within the next decade, providing decent cash flow. I am 21 and currently live at home with my parents while finishing my associates in Marketing. I’m thinking about buying a home in my local area of NJ, with my girlfriend wishing the next 6-12months. There are dozens of foreclosures being listed around me. Is it a good idea to live in a home for a few years, then rent it out. I figured we could fix it up and start building equity, then refinance our mortgage hopefully reducing our mortgage payments. This would give us more room to generate cash flow, once its being rented out. Thanks in advance! Looking forward to learning from all the experienced members on this platform.