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All Forum Posts by: Ray Agosto

Ray Agosto has started 84 posts and replied 201 times.

Post: Starting out in real estate.

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10

@Seetha G thanks i'll look into banking financing.

Post: Trying to get a owner finance

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
Dan Williamson that was a great idea and I looked into doing that but this location is kinda out of the area of off campus housing . There's always an certain area in town that they rent from , but the next idea I had was changing the basement into additional space but how would I pay for a renovation such as that and how would I be able to label it as a true 3-4 bed room house ?

Post: Starting out in real estate.

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
So I wanna know what are some simple ways a starter real estate investor can purchase properties . I've looked into owner finance and know the in and outs of that but what are some other and simple ways ? I wanna know all that's possible besides the generic real estate agent.

Post: Trying to get a owner finance

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
James C I already know I'll have to put money into it because the current owner gutted it and never finished it I've done a walk though, only thing that's left is the hall way and kitchen. It doesn't seem like it's worth it but financially owner finance would be the only way I can obtain a property right now.

Post: Trying to get a owner finance

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
Hello BiggerPockets community, first I haven't been here in awhile but I ran into a real estate stump . I recently seen a single family two bedroom house for sell he brought it for maybe 90k and I wanna obtain the property for my first rental but also he didn't really finish the inside up so it's still kinda gutted. My question here is how would I approach him on the idea of owner finance and is it also possible to budget in rehab costs as well.

Post: Buying empty land???

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
Hello I'm wondering what's the process of obtaining empty land to build on later in life or how to just buy a plot of land like what are some steps or ways to find and buy.

Post: The amazing house hack

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
Hello I'm in the process of buying a home but my wife came to me and was wondering just like me the process of steps I'll need to take to actually build a house on a empty lot we have . Are there ways to completely finance the whole project and at the end of it pay a mortgage? Or pay back a loan for building the house like what steps are there . Help me please ?

Post: More details on house hacking.

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
Eric Anderson have you done the whole house hacking process in your neck of the woods yet ?

Post: More details on house hacking.

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
Michael Noto I understand that but let's break down an example " I'll change all my documents to the new address such as my license and bill statements, but in reality I'll be let's say living somewhere else ?" I'm asking because I currently rent and I believe the owner is doing that because she has A LOT of mail coming to that address.

Post: More details on house hacking.

Ray AgostoPosted
  • Specialist
  • Somerset & New Brunswick, NJ
  • Posts 215
  • Votes 10
Well hello bigger pockets, it's been a while since I've used this website I have a serious question? I heard of house hacking & my question is to house hack do you have to live in the residence or can you just say its owner occupied I am just show proof of address such as letters or bank statements etc.