“He Lives in His Four Family”

“He Lives in His Four Family”

 

 

 

I originally did a mortgage for Dan’s parents, who referred me to their son. Dan purchased a 4 family that he has lived in for a few years and now wants to purchase a single family home with his fiancé.

 

The great part about this transition is that most of the mortgage payment for the single family will be paid by the revenues from the multifamily.

 

 

Hey Joe,

 

Hope all is well, my fiancé and I are looking to purchase our first single family home together. I was wondering if you could handle our pre-approval process? And if so what the steps we have to take are? I Look forward to hearing from you.

 

Thank you Dan. 

 

It will be just a matter of time that another multifamily home will be in sight as well.

 

Image courtesy of RenjithKrishnan/freedigialphotos.net

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

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Comment balloon 10 commentsJoe Petrowsky • May 25 2016 06:04AM

Comments

Seems he's on the right track in his Real Estate journey...

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo & Home Sale Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) over 2 years ago

  We have someone about to do the same thing...ahhhh yes...FREE is a good thing !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) over 2 years ago

Good morning, Joe --- Dan certainly appears to be a very smart guy --- first, a four unit property where he started his real estate nest egg and second, for choosing you for expert mortgage guidance

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) over 2 years ago

Yes Joe Petrowsky A 4Plex is a good base to build on.

Bill Roberts

Posted by Bill Roberts, "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate) over 2 years ago

Nice referral from past client.  Bet you will get more in future Joe Petrowsky 

Posted by Mary Yonkers, Erie/PA Real Estate Instructor (Alan Kells School of Real Estate/Howard Hanna Real Estate) over 2 years ago

Keep those referrals coming - that is the mantra!

Posted by Joanna Cohlan, Designing, Decorating & Staging Westchester Homes (Fresh Eyes For Your Home) over 2 years ago

That's a great story, Joe. I've known several people who bought duplexes, lived in one unit with their mortgage payments made by the other unit! Great way to build wealth.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) over 2 years ago

Joe,

Love this story...you remind me of one of the men I met in Napa who did loans.  He told us, that he now is helping with the grandchildren of his clients...no social media, no website, just plenty of referrals because of a job well done...A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) over 2 years ago

Joe that is a great position to be in, having the rent from the 4 family house pay for the two mortgages.

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) over 2 years ago

Hi Joe.  Dan is one smart young man.  Wish him and his fiance all the best.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) over 2 years ago

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