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All Forum Posts by: Ian Martin

Ian Martin has started 10 posts and replied 71 times.

Post: Handyman recommendation in Denver

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

Hey Liwen, I'll PM you my guy's info.

Post: Lender who will do a HELOC on investment property in Mass?

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

@Ryan Wittig Thanks for the info. I'll get in touch with Lowell 5 today and see what that's all about.

Post: Lender who will do a HELOC on investment property in Mass?

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

@Anton Orlik Thank you I'll give them a call asap.

Post: Lender who will do a HELOC on investment property in Mass?

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

Hey everyone, 

I've got an investment property (a three family) under contract in the Boston area, and would like to use a lender who can offer me both a conventional mortgage as well as a HELOC from day one. I'm planning to put down about 30% of the purchase price as a down payment. So far I'm striking out when it comes to lenders who will offer a HELOC on an investment property in the area. Does anyone know a lender who will offer this? Thank you in advance.

Post: Anyone have experience splitting an up/down duplex with the city?

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

Thank you @Matt M. and @Bill S. I had a feeling the answer was going to be no on this question. 

@Dorothy Ma yes it's in Denver. We did not have to provide a 1 hour separation to my knowledge.

Post: Anyone have experience splitting an up/down duplex with the city?

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

I have the opportunity to purchase a home zoned as a duplex, but currently is laid out as a single family home. There are separate entrances, and it would be incredibly easy to reformat the floor plan to make this home an up/down duplex without doing too much to alter the current lay out.

Does anyone have experience with the city with this process? I've done it on a side by side duplex before that was purchased as a single parcel of land, but it already had separate addresses. That process was fairly straight forward and easy, so I'm hoping this is similar. The idea is to buy as is, then rehab and sell each unit individually. 

Just looking for confirmation. Thank you!

Post: Denver Flip House Tour - This Saturday

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

Sure I'll come by and check it out. See you then.

Post: Denver Flip House Tour - This Saturday

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

Was talking to @Tyler Giering about this project you guys have going on last night. I'd be curious to check it out.

Post: Bizarre Issue in Wholesale/Subject To Deal - What do you think?

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

@Linda Weygant, I just read through this thread. Anything new come up as of recent? 

Post: Interested in investing in multi-family

Ian Martin
Pro Member
Posted
  • Developer
  • Boston, MA
  • Posts 76
  • Votes 31

@Mike D'Arrigo, how come you say you would choose Kansas City over Indy for multi family? I'm looking to build my build and hold portfolio and both of these places are on my list to travel to and check out first hand. Taking off for Kansas City tomorrow morning in fact.