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All Forum Posts by: Nicholas Zornek

Nicholas Zornek has started 6 posts and replied 15 times.

Post: FHA Financing question

Nicholas ZornekPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 17
  • Votes 8

And to present a profitable portfolio.

Post: FHA Financing question

Nicholas ZornekPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 17
  • Votes 8

To my understanding that won't be taken into consideration until you establish a steady cash flow through other real estate investments. 

Post: Having a Real Estate License and Investment Properties

Nicholas ZornekPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 17
  • Votes 8

Im in the process of getting my real estate license ,but  I'm becoming more interested in flipping and rental properties. What benefits and drawbacks , if any , are there by having my license while investing. And does it limit me in anyway ? And how does it increase my opportunities for find good deals? 

Post: /THINKING ABOUT BUYING A DISTRES TO SAVE MONEY ON FIRST HOME.

Nicholas ZornekPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 17
  • Votes 8

Thanks Appreciate it.

Post: /THINKING ABOUT BUYING A DISTRES TO SAVE MONEY ON FIRST HOME.

Nicholas ZornekPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 17
  • Votes 8

Im looking to purchase my first home with my wife and 2 year old daughter . I was thinking something that needed basic cosmetic work and maybe some  light mechanical work to save money overall ,then moving in immediately. But as a first time home buyer or property buyer  ,with very minimal money down,I don't think lenders will go for that,or maybe I'm wrong. tips,insights or suggestions would be appreciated!

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