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All Forum Posts by: Ariel Lisogorsky

Ariel Lisogorsky has started 11 posts and replied 35 times.

Post: Has anyone had any success getting a renovation loan?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

Hey there,

My mortgage broker told me that the lenders he is working with no longer offer renovation loans. I'm curios to know if this is true across the board.

Cheers!

Ariel

Post: Are you receiving rents since lockdown?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

In Massachusetts (north west of Boston), March, April were 100%, In may, Everybody paid, but a couple paid most of the rent and were short by a couple of hundreds, should pay in the next few days.

Post: BP meet up near Boston?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

Thanks!

Post: BP meet up near Boston?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

Hi, is anyone interested in meet ups around the I-95 belt (Needham- Burlington range)?

Please let me know and we'll set something up.

We are a small group of investors looking to broaden our network.

Cheers,

Ariel

Post: 80/10/10 mortgage MA

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

@Charlie MacPherson

We ended up doing the loan with 15% down. I completely agree with you on the offer thing, once you have an accepted offer it's easier to make adjustments.

Thanks,

Ariel

Post: Can a rental lease be under the management company name?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

@Trent Honea

Thanks Trent this is extremely helpful. 

Post: Can a rental lease be under the management company name?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

@Thomas S. ... Still, looking for a more technical answer, like the one

@Ryan Murdock provided. As in, is it legal, do people do it, how common is it. 

Thanks anyway.

Post: Can a rental lease be under the management company name?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

@Thomas S. 

@Matt M.

This is not a question of pride, but more of the practical side. One of the partners is living on the property and I don't want the tenants to take advantage of it. I'm trying to prevent a problem before it happens, and was looking for a more technical answer.

Thanks!

Post: Can a rental lease be under the management company name?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

@Ryan Murdock, thanks for the reply. I will check locally. We don't have the property under an LLC so I prefer to avoid putting my name of the lease.

Post: Can a rental lease be under the management company name?

Ariel Lisogorsky
Pro Member
Posted
  • Waltham , Massachusetts
  • Posts 35
  • Votes 6

@Alex S.

Thanks Alex, anything I need to know about how to do it?