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All Forum Posts by: Anthony Feoli

Anthony Feoli has started 1 posts and replied 4 times.

I have a low debt to income ratio and excellent credit but i dont have any relationships with local lenders or banks yet. I would like to acquire 1 property by this year if sfh because lower funds i have then need be.

also , if i i plan to renovate sheriff sales should i have a predetermined scope of work with types of materials i will use and stick with same products in everyjob to manage spending easier

Finance wise i have to speak to multiple banks to see what i am approved for or if i went heloc route. I want to acquire multiple duplexes and triplexes and hold is the goal in low income areas. I would use cash for sheriff sales up to 30k but to rehab or regular deals i would need financing. 

Areas

Southwest philly , ogontz area , even some parts of south philly towards front st. 

Hi , Im looking for multi or single family rentals to get into. I am hungry , determined to build a portfolio , i have a w2 job and if you are open for questions id love to pick your brain about different paths to take because philly is booming with property and alot of prices i cant touch so i need to find a different route. If anyone has any experiences with being a landlord or purchasing here id love suggestions or thoughts.