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All Forum Posts by: Tony Lee

Tony Lee has started 8 posts and replied 57 times.

Post: Anyone investing Bethlehem, Pa? (Lehigh Valley)

Tony LeePosted
  • New to Real Estate
  • Allentown, PA
  • Posts 62
  • Votes 19

I'm from Lehigh Valley and currently have 4 properties here. 2 in Easton, 1 in Allentown and 1 in Palmerton. Looking to expand to Bethlehem. Anyone would like to join, more than welcome to Connect with me. I'm also a Newbie in this investment world as well

Post: Allentown Property Taxes Going Up 27%

Tony LeePosted
  • New to Real Estate
  • Allentown, PA
  • Posts 62
  • Votes 19

Raymond Y

Yes, I'm from PA, Allentown I have 4 properties here and school tax has been increased on us.

Post: Newbie to Foreclosure

Tony LeePosted
  • New to Real Estate
  • Allentown, PA
  • Posts 62
  • Votes 19

@Jan Kerr 

Hi Jan, thank you for your kindness. I already got the house using HELOC money. I'm currently looking for Private lenders to help fund the Renovation. If you have any Private Lenders that you've been used before to share with. That would be awesome!

Post: Newbie to Foreclosure

Tony LeePosted
  • New to Real Estate
  • Allentown, PA
  • Posts 62
  • Votes 19

@James Wise

Thank you for the response. You seems to have great knowledge about Financing. Have you ever worked with any Private Lenders before? Do you have anyone by chance would like to share?

Post: Newbie to Foreclosure

Tony LeePosted
  • New to Real Estate
  • Allentown, PA
  • Posts 62
  • Votes 19

@Michael Lewis Lee

his wasn't my first auction. I've been here watching the auction almost 4 months. Therefore, I decided to give it a try. I won the bid and got the house using HELOC. I did the walk through with multiple different contractors and the price range of 

New Flooring, new paint, 3 new sinks, and permit for all the work = nearly $30,000 - $40,000. The house I got is $75,000. But the ARV is $190,000. In the area I'm currently in can rent the house up to $1,800/month. The location is near by Lehigh Valley Mall, Supermarket and restaurant, these are walking distance. I like to buy and hold using BRRR method.

If you have any Private Lenders that you've been used before to share with. That would be awesome!

Post: Newbie to Foreclosure

Tony LeePosted
  • New to Real Estate
  • Allentown, PA
  • Posts 62
  • Votes 19

Hi all my name is Toan Nguyen one of my friend McNew introducted me to this Biggerpockets. And I am new to buying Foreclosure houses and recently won a bid on the house in PA Allentown. Looking for some guidance and which lenders to help Renovation Fund for the house. Need some recommendations on which lenders to use (looking around 9% interest or below). I'm currently using the BRRR method. Already owe 4 units but neither are auctions house. Any guidances would help :) Thank you

Post: Newbie to Foreclosure

Tony LeePosted
  • New to Real Estate
  • Allentown, PA
  • Posts 62
  • Votes 19

Hi all my name is Toan Nguyen one of my friend McNew introducted me to this Biggerpockets. And I am new to buying Foreclosure houses and recently won a bid on the house in PA Allentown. Looking for some guidance and which lenders to help Renovation Fund for the house. Need some recommendations on which lenders to use (looking around 9% interest or below). I'm currently using the BRRR method. Already owe 4 units but neither are auctions house. Any guidances would help :) Thank you