All Forum Posts by: Matthew Paladino

Never assume appreciation 

@Jasmin Mcduffie I would look to get a price reduction for the estimated repairs. I would feel more comfortable having my contractor do the work so I know it gets done correctly to my standards. 

What are your numbers if you were to rent? What are your BRRR numbers? Flippers would love to see a $95k profit in a few months. Like @Nick C. said above it all depends on your goals. But, your right absolutely a good dilemma to be in.

@Jay Hinrichs such a great idea and very generous of you! If I were in the area I would definitely take you up on the offer. Happy holidays and good luck to all!

Good luck! What brought your interest to Delaware?

I would like to get started doing flips then add some rentals. I know hard money is expensive but some profit is better than none?

I would love to use a HELOC but I don't have enough equity in my first home yet to cover a flip. To avoid a large DP with traditional financing, would hard money be my best bet to get started?

I am open to a 'hybrid' approach but looking to get into apartment rentals. 

Hello,

My name is Matthew and I'm from Long Beach, NY. I'm new to real estate and looking to become an investor. I've been doing my research and came across this site and figured it's a great place to network and gain information. I know Long Island is a tough market but there is always money to be made...

Speak to you all soon, thanks!

Matt