All Forum Posts by: Vladislav Usatenko

Financing questions are very tailored to each persons situation, as well as the gross estimate rent, taxes and insurance for each property. The best way to find out is to get as few pre-approvals. My first pre-approval came in at around 350k for a 3 family, by my third pre-approval (the house hunting last longer than you think) eventually was able to get 550k for a 4 family grossing 4k per month showing 80k in yearly income, not that this means you can't get more or less. Everyone's finances are unique, and are case by case in the lending and underwriting process.

As for good easy platforms, I would suggest trulia for limiting it to multifamily right out of the search drop down, and switching to map view. I would then re-search my favorite properties in realtor.com's website for current tax information. 

Honestly the best source of information is right from the horses mouth. Since all of the third party sites and apps get their data from the MLS (yes even zillow), your best source of information is from your realtors MLS account. Make sure to sit down with your agent and customize the bubbles of your search parameters, locations, unit count, and prices. Start broad and close in as you learn your market. Make sure to ask for daily email alerts!

Happy hunting!

Hello BiggerPockets friends!

I am a young completely green, and inexperienced real estate investor working on his first deal. Following the advice of Mr Turner, I am reaching out to the BP community to try and find the right REA, meetup, or group for me. I have a great knack for numbers and have a construction background. When I'm not looking for a great deal, I'm working on my real estate calculator to evaluate listings to try and make investing more approachable and transparent for beginners. I am looking for a good group of people to collaborate with and talk all matter of real estate. 

I am located in Massachusetts, Bristol County.

Here's a snip of the calculator in action (if you're into that sort of thing) The only fields that require input is the URL link to the property (in this case Realtor.com) and the Yellow highlighted fields, the rest is pulled directly from the web and calculated, including the mortgage and taxes. The maintenance is adjustable and is grossly calculated from sqft, and market rates collected from a small estimating sample dataset. 

I am certain that I made a million mistakes in the construction of this calculator, and look forward to some well deserved criticism from seasoned investors because in either case, I had a blast making the thing!

Thank you!

Hey Guys, so glad that I found this thread. I'm doing a 3500 sqft, 3 family rehab that is 80% gutted, got a quarter million dollar quote from a "recommended" contractor. Anyone know any good referrals in the Taunton area? 

Thank you!

Hey Anton, I am just getting into investing and I came across your post. Very inspiring! I noticed many investors us VA loans, is it worth serving in an institution just to gain the ability to use a VA loan? How much advantage do you gain?