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All Forum Posts by: Ben Guttman

Ben Guttman has started 1 posts and replied 363 times.

Post: New Member, Live in the DMV!

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122

Welcome! 

Post: Recommendations for Architects in Hagerstown, Maryland

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122
Quote from @Matthew Ginsberg:

Could you message me his contact info? 


 Done

Post: Recommendations for Architects in Hagerstown, Maryland

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122

@Donny Ankri  DA Architects  based out of Baltimore but he's done projects all over Maryland

Post: Commercial Loan Broker

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122

Post: Investing in Morgantown, WV

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122

Was just in Morgantown this summer and it is definitely a solid pocket! Best of luck 

Post: Mixed use property - any 30 year fixed products under 7%?

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122
Quote from @Karolina Powell:

I'm looking at a 13 unit, ten apartments over 3 storefronts along with a parking lot, purchase price 750K, square footage wise and revenue wise it's largely residential. I'm hoping for 80% LTV. 790+ credit score, great W2 income if needed, DSCR 1.2+, 7.2% cap rate. Located in Pennsylvania. Anyone see something that fits or am I looking for a unicorn?

I would reach out to either Pimlico Capital or RPIP both based in Baltimore but with regional/national footprints. Glad to make an intro.

Post: Insurance Agent in Maryland

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122
Quote from @Jeffrey Huber:

We have multi-family properties in Frederick, Carroll, and Washington Counties. We are looking for a new insurance agent.  


 Glad to assist. Sent you a message.

Post: Off-market 34-units multifamily property for sale in Baltimore, MD.

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122

Hey Stefan, Please message me more info

Post: Hard money lender or refinance

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122
Quote from @Jesse Grim:

I'm trying to get the ball moving a little faster than what it is and with not being able to cash out or Heloc for another 6 months, im wondering if it would be worth it to go to a hard money lender? I only have one property and it's got around 80k in equity that I can't use until mid July but make decent income from that rent, my plan was to use the initial cash out refinance to do a fix and flip or 2 to pay back the refinance and use profits to go towards another rental but the waiting period I feel is making me miss out on a lot of opportunities. Any HML able and willing to lend in VA or anyone with any other ideas?


 Would be glad to refer you to any of the HMLs I work with to see if they could help -  shoot me a message

Post: Working on a deal in for Myers beach!

Ben GuttmanPosted
  • Specialist
  • Baltimore, MD
  • Posts 385
  • Votes 122
Quote from @Nino Alfano:

Has anyone run into issues in swfl trying to get builders risk policy to get a deal done? 

Having trouble getting approved when property is on a barrier island close to water ?


 Which carriers have you tired? Would be glad to try an help. 

Proximity to water is often an issue but some carriers will take it.