All Forum Posts by: Stefani Mokris
Stefani Mokris has started 3 posts and replied 54 times.
Post: Quick question for investors!!
- Investor
- Verona, NJ
- Posts 55
- Votes 29
As an investor, if I speak to a real estate agent, I expect them to be knowledgeable on their area. Are there rental in the area of interest, SFHs or multifamilies, cost to purchase, expected rents, tenant profile, source of income, growth... things like that.
In the long distance real estate investing book by David Greene he describes hiw to recognize a realtor who is a rock start. Read that book and learn those traits.
I hope this helps.
Post: Low loan minimum bridge loans
- Investor
- Verona, NJ
- Posts 55
- Votes 29
If a HELOC is not an option, I think you should look into an unsecured personal loan in a bank or credit union.
Post: Any local meet ups?
- Investor
- Verona, NJ
- Posts 55
- Votes 29
Quote from @Jake Handler:
I am hosting one next Wednesday 10/25 in Morristown. Open Deal Night. Did or doing a deal in 2023? Come take the floor and share the details with everyone
Post: Any local meet ups?
- Investor
- Verona, NJ
- Posts 55
- Votes 29
Quote from @Christopher Philbrick:
I am hoping to schedule a meet up in Southampton soon. Is that too far for you?
Bamboo Gardens Event Center and Campground
Post: Looking to expand my network
- Investor
- Verona, NJ
- Posts 55
- Votes 29
That is so nice. I also have been looking foward making connections with local real estate investors in New Jersey. I will send you a message.
Post: New Intro! Northern New Jersey
- Investor
- Verona, NJ
- Posts 55
- Votes 29
Quote from @Isabel Castillo:
Very excited to start this journey! I'm located in the Northern New Jersey region area. Looking for a home in a C+, B- neighborhood. Any Tips?
I think looking for areas in New Jersey with a high number of commuters will help you with a higher demand, and decrease your property vacancy.
Post: Heloc + savings for downpayment
- Investor
- Verona, NJ
- Posts 55
- Votes 29
Quote from @Jess Sanchez:
Hi, I’m hoping to buy my first 2 family rental house within 5-6 months from now. I probably have 66% of the downpayment for the price range in the area I’m looking at. I read from other people’s post that I can use heloc from my primary house to combine with my savings to come up with the 25% down required since I won’t be living there. My question is should I apply for heloc now and just have it available til I find the deal or should look for a house first before opening a heloc? I’m just worried because I don’t know how long it takes to get a heloc. TIA for the advice!
Hello @Jess Sanchez,
. You should open a HELOC first while waiting for the right time to purchase your investment property. Opening a HELOC can take a few months and that could delay your property purchase.
. I hope this helps!
Post: Any local meet ups?
- Investor
- Verona, NJ
- Posts 55
- Votes 29
Quote from @Brian Liscio:
@Stefani Mokris - There’s one in Clifton & Edison. Christopher Goodson runs it.
Thank you @Brian Liscio. Do you know how I can find more information?
Post: Any local meet ups?
- Investor
- Verona, NJ
- Posts 55
- Votes 29
Hello everyone!
Are there any in person meet ups in North Jersey anytime soon?
Do you know if North Jersey has a REIA?
Thank you!
Post: what part of NJ is worthy investing and why?
- Investor
- Verona, NJ
- Posts 55
- Votes 29
You willdo betterin areas with public transportation access to NYC.