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All Forum Posts by: Salvatore Lentini

Salvatore Lentini has started 85 posts and replied 1207 times.

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

@Andria Edwards - how wide of a circle are you searching in?  Are you only looking at listed properties?  Message me with specific questions.

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

@Lamar Robinson - personal finance questions are not for me to answer.  I don't know if I'd do either.  It's always good to have some money as a safety net.  That doesn't men you can't start getting involved in real estate.  Partner with a money partner, network, join a local real estate group (message me is you need help finding one) meet and talk with private lenders.... get started :)

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

@Phil LoCicero - The sky is falling!  I guess that's why it makes sense to have a diversified investment portfolio.  

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

@Carlos Ptriawan - always have an Escape Plan for your money!  Are you getting your money back in your account after the rehab is complete?

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

Hi @Dee Baker - what kind of property?  Fix & Flip?  Rental?  Message me with specific questions.

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

Hi @Matt Smith - could you do lease option, subject to, or seller financing?  Or lender financing with the seller holding a 2nd?  Could you bring in a money partner for the down money?  You're bringing the deal and the property management.  You can figure out a equity split between you and the money partner that works.  Message me if you have any other specific questions.

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

HI @Joseph Tilly - I don't recommend out of state investing for your first few investment properties.  I have 19 units out of state and my experience has been mixed.  The reality vs the numbers you see pitched online are different.... and not for the better.  Thankfully my rentals there represent a small portion of my portfolio, unit-wise and revenue-wise.  Message me with specific questions and I'll get you pointed in the right direction.

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

Hi @Gabriel Sastre - Message me with specific questions.  Happy to help.

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

Hi @Dee Baker - I'm not sure I understand your question.  Do you have good credit and you want to know how to use it to your advantage to get financing?

Post: What's stopping you from buying your 1st investment property?

Salvatore LentiniPosted
  • Rental Property Investor
  • Doylestown, PA
  • Posts 1,250
  • Votes 1,406

@Wayne Burrows - I may be able to help with that list of investor friendly lenders.  Message me.