All Forum Posts by: Ari Datta

Hello,

I have an investment property in the suburbs of Philadelphia. I am looking to do a cash out refinance because the value of the property has appreciated. However I spoke to two banks and due to Covid they are only willing to give a maximum amount of $50k. Does anyone know of any banks that will do 70-75% LTV. Thank you.

@Michael Campbell numbers make sense but I am a bit skeptical about the area. Do you have any experience in that area? Thanks.

John Knisely,

It’s close to bywood elementary school and bywood trolley station. The place is in decent condition. 

Hello,

I am looking for some advise from the bigger pocket community. I saw two row houses  in Upper Darby, PA which are close to the school. It’s 3 bedroom and 1 bathroom. 

What are your thoughts on purchasing in the area? 

The price is around $85k and rents are around $1200. 

I will appreciate any advise.

Thank you.

@Joe Chirdon and @Tim Ellis thank you.

Do you guys no any good agent who specializes in inevestment properties that I can talk to?

How much nornmally properties in Cumberland county sell for and what kind of rent can you get?

I work in Allentown so I was looking in that area too. Thank you.

Hello,

I am a new member here. I own one property in the suburbs of Philadelphia and want to grow. I would love to find out what you all think is a good market for rentals and getting positive cash flow. Look forward to hearing your thoughts and advise. Also hoping to connect with other investors. Thank you.