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All Forum Posts by: Carlos Pelegrina

Carlos Pelegrina has started 37 posts and replied 96 times.

Post: NJ Rehabbers - Best Source for Kitchen Cabinets?

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

if you want a contemporary look IKEA has a couple of great models, just using different handles or even change some doors and you will have a great kitchen look for not much money.

counters make the big difference some times.

Post: New York construction equity line of credit or construction loan

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

hi @Jessica Zolotorofe they own a bodega in a prime corner or Williamsburg Brooklyn, that has been working for 20 years and we will add 2 or 3 apartments on top for what they will need a loan or around $1,000,000

They are not having trouble finding a lender, I don't think they have even try yet, but they expressed concern about it. 

I just wanted to present them with a project beyond the technical architecture design, including final LTV, cash flow of different configurations and financing.

Post: New York construction equity line of credit or construction loan

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

I have a client who I'm developing a project in Brooklyn, NY. who will need a construction loan.

and would like to provide them with a solution

they sit in a commercial property valued in a couple of millions, (need to get the exact number but its above $2.000.000) We will build on top of it three apartments for approximately one million.

I will appreciate any leads or help

Post: Investors in North Jersey

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

Good luck @Account Closed keep me posted... I'm looking for a property in the area for a flip

Post: How do you finance cheap properties? blanket or commercial loan?

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

Im trying to buy some properties in Cleveland OH; because the prices are in most cases pretty low too low, its very hard to qualify for an standard loan that in most cases start lending in 70K

I'm looking to finance two homes in the 60K/70K probably with need a blanket or a commercial loan.

I might need if possible to include rehab cost as part of the loans.

Any ideas how to creatively finance cheap properties?

any help I would really appreciate.

Post: Seeking Investor-Friendly Real Estate Agent in Newark, NJ

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29
Originally posted by @Russell Brazil:

You should reach out to @Darren Sager

 I have been trying to contact Darren for some time now, with zero luck.. he might not look at this page anymore.

Post: Best Ways to Invest in RE When Living in NYC

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

@Llewelyn A. you are spot on. 

People must check a place visiting at different times of the day; specially late at night in week ends before investing.

I rented my apartment in a quiet beautiful winter afternoon many years ago in west Harlem, but when summer came, nights became real terrible.

drug dealers and people hanging out outside until very late at night makes it a real nightmare, specially in the last couple of years.

311 know me by name by now.

Post: 10/13 Meetup in Manhattan w San Fran Bay Summit creator J Martin!

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

Great fun event @J. Martin Thank you for visiting us in NYC, and thank you for the organization @Darren Sager

it was a fun hanging out after the event.

Post: Auction.com - Free Pre-Foreclosure Meet-Up - King of Prussia

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

Hi @David Weintraub I missed the auction.com meetup last week in Jersey city, is there any place where I can check on these events?

will you be posting about this meetups in the area? 

Post: North NJ investor friendly realtor

Carlos Pelegrina
Posted
  • Investor
  • New York City, NY
  • Posts 114
  • Votes 29

Thank you for the info @Jessica Zolotorofe I found his contact information on line.