All Forum Posts by: Westlake John

any hard money lenders with low down payments in nyc? 

@Llewelyn A. Has been very helpful on this forum. 

@Llewelyn A. Do you think any areas of Brooklyn is not worth looking at? Like East Flatbush, is it overpriced? 

Are there any asset based lenders for cash out refinances on primary homes for people with multiple properties but not high w2 income?

@Jan Kutrzeba, Hi thanks for your response! What kind of tenants are you seeing moving into this area? It seems far away from the city to become gentrified although the prices prove otherwise. 

I know the building you are talking about, it use to be two separate homes. That building is close to the train. 

What do you think about the area towards utica ave, or past E 40th st/linden? 

The property is a 2 family semi attached home with a driveway.

Thank you for your response !

has anyone have any experience with owning a investment property a few blocks away from a hospital? 

Is it possible to get doctors/nurses as tenants? 

:((

they are trying to sell this house now for 1.5M

I am seeing many deals like this where these LLCs are buying homes for 50%-60% under the actual value 

How are they getting owners

to do this? I also see they get mortgages on the property.