All Forum Posts by: Mike Bitette

@Ryan Chatman we are looking for low cost entry fixer uppers. We are starting out and want to build our portfolio quickly and strategically.

@Charlie Cooper Through my research it seems that Allentown is great for cash flowing rentals and isn't too far from me. We are thinking of focusing on the lower income areas. Fixer upper rentals. We are skeptical and trying to do are due diligence right now.

My Friend and I are looking to purchase our first rental properties in Allentown PA. Any feedback and guidance will be greatly appreciated. As well as anyone interested in working together. We are always open to opportunity. Thank you

@Brandon Pimm my friend and I are in jersey as well looking at Allentown as potential first rental property purchases. Would love to pick your brain. Thanks

@Gaetano Ciambriello

So my primary residence will make my debt to income ratio more then 56% so I wouldn't be able to get an fha loan for an investment property?

@Gaetano Ciambriello what qualifies you for an FHA 203k loan?

@Andrew Syrios I actually was just looking at the local meetups. Thank you.

the last 2 homes I lived in we lived in a few years and rehabbed and sold for nice enough profits allowing me to be much more financially comfortable in our new home we we plan on staying in for the long haul. I owned a condo that I lived in and then rented out for a few years and sold for a nice profit as well back in 2010. I have some experience and always wanted to jump in the real estate game full steam ahead and now I'm finally ready.

@Natalie Schanne - yes I already own a primary residence. I am handy and my best friend has his own construction company. I'd like to Sponsor a Real Estate Syndicate with my partners doing BRRRR deals on multi family properties. I have no cash and would put everything under LLCs. First off I need to build my network and learn everything I can.

I live in New Jersey. Looking to start the BRRRR method. I am looking for Mentors, people doing this already that are open to share there experiences with me and grow.