All Forum Posts by: Tzvi Balsam

@Brian VanDussen

Get back to me how that works.

@Brian VanDussen

No you will not be able to, they do not care what the total value is they look at purchase price. 

@Paul Winka

Are you really in Kandahar Afganhanistan ?

@John Morey

Can you update us what did you end up doing? 

I would also add the deal might be good you might have to work on your Flippers list get some more flippers to email.

@Mychal Raynes

Mistake to rent to family. Business and family do not mix well.

@Shmuel Harris

Where do you find cash flowing properties in NYC, He will need it to be his primary residents, In addition he will need to live there for FHA.

@Joseph Tsa

Get a contract on it put ina contingency and then market it (Maybe even on the market place on bigger pockets)

Good Luck and let us know how it goes.

@Anthony Wienke

How can someone know, we have no clue where it is, what it is, and whats needed. 

You can ask a contractor how much he charges for a gut for A SF in your town to get a feel of what it will cost

@Eugene Lokshin

It will be almost impossible to cash flow in NYC on these small deals, you are buying it for appreciation.

not only that I have a negative cash flow on my home and i put down 75% and I live there if I would rent out my apartment I would maybe just break even (Before maintenance that is needed a lot since it is a old house)

anybody had any recent experience with them recently ?