All Forum Posts by: Nick Mazziotti

Looking to buy a house upstate NY with a FHA loan and live there. I live on long island and run a landscape business here right now. Can i stay at my parents house on Long Island for some time in the spring/summer so I can service my accounts here ?

The house upstate would be my primary residence and i do intend to live there.  I just simply still want to service my accounts here on Long Island so I would probably stay at my moms house for a few months out of the year. Ive gotten mixed answers

Living at home with family in NY 

Can I purchase a home in SC with an FHA Loan and make it my primary residence, but still be living with family in NY while contractor work is being done on SC property. This would be my first property purchase. After all contractor work is done in 10-12 months would than want to rent it out.

Thanks 

Looking house hack a 80k duplex (with FHA loan) and putting 20k into the rehab. Assuming it appraises for 120k + ARV, how can i leverage my equity in this duplex into another deal ?

Can I use a HELOC as a down payment for another deal ? Cash Out refinance ? Do you guys recommend any other way to use the duplex as leverage to purchase another investment property after. Don't want to corner myself

Any feedback is helpful thank you !

Looking house hack a 80k duplex (with FHA loan) and putting 20k into the rehab. Assuming it appraises for 120k + ARV, how can i leverage my equity in this duplex into another deal ?

Can I use a HELOC as a down payment for another deal ? Cash Out refinance ? Do you guys recommend any other way to use the duplex as leverage to purchase another investment property after. Don't want to corner myself

Any feedback is helpful thank you !

Planning on doing my first real estate deal using the BRRRR method, however I would need somewhere to live. I was planning on purchasing a duplex using the BRRRR method, this way i can house hack and live in one of the units.

A lot of BRRRR examples I have looked at are most single family homes. I don't want to try do to much in one deal and don't want to go backwards.

Has anyone done anything similar ? Is there any added risk ?

Or should I just focus on single family and forget about house hacking.

Any feedback is helpful !