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All Forum Posts by: Yollan Kitsoukou

Yollan Kitsoukou has started 1 posts and replied 13 times.

@Joel Gierbolini i will try local banks, mostly federal credit Union.

Post: What is your favorite quote??

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

@Nathan Killebrew

“We live in a world of cause and effect”

Post: Monthly Albany, NY REI Event

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

I am a newbie and I’m really excited about attending this event 😊

Post: HIT MY GOAL OF 100 UNITS!!

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

@Brandon Penn

Congratulation on reaching your goal, and thank you for sharing your story with us and for the advice!

Post: Here is my plan, tell me why it won’t work!

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

@Aidan Mulligan @Joe Villeneuve

Thank you to the both of you guys for making things super clear for me.

Post: Here is my plan, tell me why it won’t work!

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

@Bill Goodland

Thank you for your feedback, and I will have $7,000 just in case. I agree with you that I should definitely shoot for 145 instead 157 just to play it safe.

Thank you

Post: Here is my plan, tell me why it won’t work!

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

@Bill Brandt

I wish I was wrong but unfortunately that’s NY for you, but I am only looking at this deal for the cashflow.

Post: Here is my plan, tell me why it won’t work!

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

@Aidan Mulligan

Yes it is a duplex, and I am playing safe with rent but it can definitely be higher.

Post: Here is my plan, tell me why it won’t work!

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

@Tim Herman

Thank you for your feedback time.

Gross income of $2,100 ( 1,050 per unit) but according to rentometer I can rent it for a little more. I am not going to pay the asking price but even if I do, I found a local credit union that refinance up to 80% of 157,000=125,600

Post: Here is my plan, tell me why it won’t work!

Yollan KitsoukouPosted
  • Albany, NY
  • Posts 15
  • Votes 6

@Aidan Mulligan

80% of the 90000 and they are financing 100 of the rehab.

According to rentometer.com, I can get about $1,150 up to 1,300 per unit but I ran my number with 1,050 per unit just to be careful.