All Forum Posts by: Michael Kovac
Michael Kovac has started 15 posts and replied 92 times.
Post: New Cash Investor Looking for REOs in Bridgeport & Hartford CT

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
Post: Do I go with Turnkey options or search for deals locally?

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
Post: NYC investing? Too expensive for my blood

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
Post: Fairfield, CT: Real Estate Meet-Up (Feb. 24, 2016)

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
You are the man@Jonathan Makovsky!!! Big thanks to you for keeping them going...
See everyone there.
Post: New investor from CT

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
Welcome @Aaron Hawthorne to the world of REI!!!
I am a local agent and investor that specializes in multifamily property and would be more than happy to help and show you around. I am based primarily out of Fairfield County but I am always willing to travel. If you need a hard money lender I can help with that as well.
Best,
Post: private lender risks and disadvantages

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
Post: Multi Family in the North End of Bridgeport Ct

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
I own property and live in the surrounding area. I have a good pulse on that market. Being as though you just purchased that two family in Bridgeport I can only assume that you want to do more...
I would love to chat, give me a call/text/email if you have any questions.
Post: Investment Property down payment question...

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
You could effectively get it done with no liquidity by posting collateral or doing a HELOC on one of your other properties, but then once again is the pitfall of over-leveraging. All a matter of your strategy. Some are scared of debt, others want as much as possible.
Post: Investment Property down payment question...

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
Non-Owner occupied investment property with less than 20% down would be very hard to get done. The only way to do this in my experience is to get OPM and thereby bypass having to use your own money. But no matter what it will have to come from somewhere.
On another note I don't know if I would want to have my money in something greater than 80% LTV. It provides a cushion in case of a market turn.
Post: Trying to find no money down or little money down loans

- Rental Property Investor
- San Diego, CA
- Posts 107
- Votes 37
Try to find properties where the owner has had trouble selling for whatever reason and see if they are open to holding a note. Sometimes people just want out and are willing to try something different...