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All Forum Posts by: Caleb Coombe

Caleb Coombe has started 7 posts and replied 15 times.

Post: First investment property

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

Congratulations! Awesome exit strategy. 

Post: Philadelphia Airbnb for "House Hack"

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4


Does anybody know of a Rockstar agent in Philadelphia who can help with me with finding a rental to do Airbnb?

I am looking to "house hack" but through Airbnb. I am currently living in South Jersey (where I own 2 rentals) and I will be moving back to Philadelphia by March of 2022. 

Post: South Jersey General Contractors

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

Hi BiggerPockets community, 

I am looking for recommendations for Rockstar General Contractors in the South Jersey area. 

Thank you!

Post: My first property!!!

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

Congratulation's Devon! I am currently at Drexel, in my 4th year and I am under contract to purchase my 2nd investment property. It would be awesome to connect sometime. 

Post: North New Jersey - Linden Rental

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

Hello all, 

I am looking into a property in North New Jersey, in Linden. I am wondering if there is anyone who invests in this area who could answer a few of my questions:

- What type of neighborhood would you say Linden is? A,B,C,D?

- Is this more of an appreciation market or cashflow, mix of both?

Here is a few of my questions. I would ideally like to have a phone call.

Post: VA Loan for Multifamily

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

Hello all, 

I was wondering if anyone is familiar with using a VA loan to purchase a multifamily property?

More specifically I am curious if the lender will allow for the use of projected rental income to qualify for loan approval.

Thank you!

Post: First Investment With House Hack

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

@Marlen Weber Thank you!

So far it has been a lot, just to be honest. It is a lot getting everything setup initially but once those systems are in place you can rely upon them.

Post: First Investment With House Hack

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

@Joel Calkins Thank you for your comment!

I have only been in the property for 2 weeks now but a trick for starting out is to find reliable people that you would enjoy living with as tenants. As this will make your house hacking experience all the more easier. I would recommend this strategy to everyone! It is an awesome way to eliminate your largest expense (housing). It is also a fantastic way to get your foot in the door with REI and some great first hand experiences of what it means to manage a property.

Post: First Investment With House Hack

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $215,000
Cash invested: $20,000

Contributors:
Joe Sadusky

House hacking for the first year and a half of ownership and then renting out entire home.

What made you interested in investing in this type of deal?

I wanted to acquire my first investment with little initial capital.

How did you find this deal and how did you negotiate it?

MLS.

How did you finance this deal?

FHA.

Post: CPA in South Jersey Area

Caleb CoombePosted
  • New to Real Estate
  • Philadelphia
  • Posts 16
  • Votes 4

I recently just purchased my first investment property and I am currently house hacking. I am looking for recommendations for CPA's who are literate in real estate to help with tax strategizing and preparing taxes. 

Thank you!