All Forum Posts by: Michael Peralta

@Peter Tverdov They are near my primary residence so they will be easier to self-manage.

HI BP Community,

I'm looking to purchase a single family house in Bergenfield NJ and Teaneck NJ but I am unfamiliar with NJ Market.

Which out of these two towns is a better renter town? I believe Teaneck is a huge renter town but I'm uniformed about Bergenfield NJ.

HI BP Community,

I'm looking to purchase a single family house in Bergenfield NJ and Teaneck NJ but I am unfamiliar with NJ Market. 

Which out of these two towns is a better renter town? I believe Teaneck is a huge renter town but I'm uniformed about Bergenfield NJ.

Hi BP Community,

I am finally developing the courage to house hunt but every time I set my eyes on a property (usually posted on Redfin or Zillow) the listing agent already accepted an offer from someone else.

Is there any advice to find properties much quicker (maybe using a different website) or strategic ways to place a bid on a house then having the option to drop your offer once you see it in person?

Thank you in advance.

@Taylor L.

@Michael Peralta @tay

Do you need to do anything else? Maybe provide more cash as a down payment or something?

Hi BP Community,

Is there a strategic way to obtain a single fam property using a FHA loan then switching that same home into a investment somewhere down the line?

When can you change an owner occupied home into an investment property? 1 Year? 4 Years?

@Alina Trigub Thank you Alina - do you have a link to your Meetups?

Thank you Greg. I'll look into Meetups in the NYC area until I am comfortable taking the next step.

However, can you elaborate on what you mean by "financed deals" and do you have any websites you recommend for analysis?

@Greg Dickerson