All Forum Posts by: Avishkar Sabharwal

This has been an amazing community for me. I found my multifamily team here. The amount of information given in this community is amazing. Pace Morby not only provides info but cultivates a very go giving environment which helps all of us grow 

@Kevin Sobilo thank you so much

Hi Nicholas

I am starting out in the Columbus market and would love to connect with you. I am messaging you

Hi there

Since I am going to be an out of state investor, I was wondering does anyone use any camera systems to monitor the progress of the rehab, any theft at the site and to ensure you don't get squatters?

If yes, which system do you recommend and how do you get it installed at the site when investing out of state?

If no, then what is your alternative to this?

Thank you

Hi everyone

I am planning to use my HELOC for down payments on deals. I have 3 burning questions that I have been trying to get answers to:

1. Given that there is an interest payment attached to the HELOC, it does eat into the cash-on-cash. What kind of cash-on-cash are the other more experienced investors would consider good during the initial underwriting when using a creative financing for down payment?

2. What would be your strategy in a scenario where its a large deal, and forced appreciation creates significant enough value to refinance and pull out the money to pay off the HELOC, but this creates a negative cash flow (I am not in this situation but trying to understand if this is a possible situation and has anyone been in this situation. If yes, then what my strategy should be if such a situation were to arise)?

3. How can I learn more about underwriting the deals using creative financing?

Hi there

I am a new RE investor and am interested in investing in 2-4unit MFH in Columbus, OH in B/C neighborhoods. I am an out of state investor. I am looking for guidance on how to start researching the local market and also looking for insight from the experienced investors on neighborhoods that would meet my criteria. 

Thank you

Hello everyone

We are in NJ and currently in the process of looking for a house to move out of the current rental apartment since our kids need more space and the tenants downstairs from us have already complained that the kids are making too much noise. We were initially looking for a house to buy then someone suggested buying either land or buying an old house and building a new house on the property which will be appraised at a higher value hence causing forced appreciation. Do you think it is a good move? While we want to move into a house, we also want it to be an investment.

I know this question was posted recently but could not find a clear answer. It would be great if anyone with the housing market in NJ can give some insight into this.

We are not builders/contractors and this is going to be our very first project.

Thank you