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All Forum Posts by: Andrew Syrios

Andrew Syrios has started 74 posts and replied 10135 times.

Post: Do I need to disclose that I am a licensed real estate agent?

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

If you're an agent, you pretty much always need to disclose it, at least from my understanding (I'm not an attorney). I don't think disclosing it will hurt you in any way though.

Post: Newbie Zionsville (Indianapolis area) Indiana

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BP Nathan!

Post: Newbie from Denver, CO moving to Troy, NY this summer

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome aboard Brett!

Post: New Guy Temporarily in Chico, CA

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BiggerPockets Mikie and good luck investing!

Post: Thank you Josh Dorkin and the BP community

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Congrats Sonny, that's a great start! Keep it up!

Post: First Year Dental Student Looking to Invest in Pittsburgh

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BiggerPockets Eric and good luck investing!

Post: Dad wants out of rental property. Any no money down ideas ?

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

You could do a subject to transaction, but of course you have to consider the due on sales clause. Banks usually don't call the loan, but I've heard of it happening.

Post: What is the best book on owner-financing???

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Brandon Turner's book: The Book on Investing in Real Estate with No or Low Money Down is probably the best place to start. It has a large section on seller financing: http://get.biggerpockets.com/nomoneydown/

Post: Should I Flip, BRRRR or is there another way ?

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome Kervin. You may want to do a combination of both. Flip some to earn some money to live off of and for down payments and hold some too. Perhaps hold every third one. That should also help improve your DTI for bank loans. Also, you could look for some private lenders who will give you better rates than hard money lenders.

Post: New investor from Norway

Andrew Syrios
ModeratorPosted
  • Residential Real Estate Investor
  • Kansas City, MO
  • Posts 10,502
  • Votes 5,099

Welcome to BiggerPockets and best of luck investing Tommy!