All Forum Posts by: Richard Escano

Ok thank you il keep that in mind.

Quote from @Account Closed:

Quote from @Richard Escano:

Quote from @Account Closed:

Quote from @Richard Escano:

Hi, my name is richard. I just want to introduce myself in the community. I’m in Millsboro,  Delaware.  We are  like 25 mins from Ocean City MD and 15 mins from Bethany beach. We moved here from NY. We just started to be looking for several properties recently in our area.  Interested in connecting to anybody close. Thank you!

@Richard Escano: Welcome. Are you wanting to pay full price or find properties "off market"?

 We are just looking for something that we can buy and hold or rent for long term or even mid tern rentals since we are close to several hospitals here and there's a lot of travel nurses. 

So, here is how things work. Most investment properties require 20% down ($80,000 on a $400,000 property) and you get 7.75% interest for a payment of $2,293. See Cell D163

Those who are more advanced go for "off market" and put 10% down with an interest rate of 3% for a payment of $1,465. See Cell F163. It's great for travel nurse rentals.
Click to enlarge

 Thank you so much for the info! Just have a question, how/where can you access/get properties that are "off market". I mostly look at the typical sites like Zillow, realtor.com, Redfin, or even privy. Me and my wife sometimes drive around(DFD) for properties around our area. 

Quote from @Account Closed:

Quote from @Richard Escano:

Hi, my name is richard. I just want to introduce myself in the community. I’m in Millsboro,  Delaware.  We are  like 25 mins from Ocean City MD and 15 mins from Bethany beach. We moved here from NY. We just started to be looking for several properties recently in our area.  Interested in connecting to anybody close. Thank you!

@Richard Escano: Welcome. Are you wanting to pay full price or find properties "off market"?

 We are just looking for something that we can buy and hold or rent for long term or even mid tern rentals since we are close to several hospitals here and there's a lot of travel nurses. 

Thank you! I appreciate your great advice!

Hi, my name is richard. I just want to introduce myself in the community. I’m in Millsboro,  Delaware.  We are  like 25 mins from Ocean City MD and 15 mins from Bethany beach. We moved here from NY. We just started to be looking for several properties recently in our area.  Interested in connecting to anybody close. Thank you!

@Cam Jimmy how are you. congratulations on you first BRRRR. Im a new investor and I'm working in getting my first REI using BRRR too. Did you use HELOC to put in a downpayment for the property? thanks so much.

hi. I live in Middletown and starting out on REI. I'm also looking at rental properties. I did saw some properties with lower taxes in the area. There's 2 new hotels and a new lexus dealer built just in 2 years in Middletowb Also, Ive heard they are going tpo build LEGOLAND park in Goshen NY. Hopefully this will be good in the local RE.

Originally posted by @Dado D.:

Orange County Real Estate Investors Meetup: We meet once a month for networking and have guest speakers who can offer insight into the world of real estate investing. Join us!

Hi Dado, Im just starting out in REI and recently joined BP. Just asking if it's free to attend. Would like to learn more on REI. Thanks a lot!

Im from Orange county NY. I just started in REI. Been looking at some rental property here too. would like to have advice if it's a good market to start with. thanks!

Thank you so much for your advice!