All Forum Posts by: Aron Cohen

I am looking for a second opinion for ARV in the Philadelphia area. The property needs a full rehab. Please inbox me for further details. Any help would be much appreciated.

Thanks

This is a great topic. The only thing that I have learned from my refi appraisals is the square footage of the home places a major role. Any insight would be great. Good luck

No complaints so far and direct deposit rents

I have a few properties in that area that get about 1000$ are you considering section 8?

Just for my license and current investing would love to talk

I recently closed on my 5th property in 8 months and plan to have at least 8 by the end of the year. My question that I am trying to figure out is when does it make sense to quit your full time job and switch to investing full time. My brother and I are partners we purchase homes in the 50k range and bring in about 1000$ rent per home. We buy for cash using a credit line from my primary residence. We have a bank that gives us 5.5 percent on 70% ltv for cash out deals with a 5 yr balloon payment. If anyone has similar experience or advice I would love to hear about it. Thanks.

Roberto Lobrace I am looking for a primary residence in that area and would love to talk before putting it on the market

You need to look at the points, interest rate and prepayment penalties before using. If the deal is a total steal and you are unable to get a traditional loan then I would use HML. If they don't have prepayment penalties you can use them until you find a tenant and refinance with a traditional loan to lower your interest rate. Hope this helps

I recently closed on my 5th property in 8 months and plan to have at least 8 by the end of the year. My question that I am trying to figure out is when does it make sense to quit your full time job and switch to investing full time. My brother and I are partners we purchase homes in the 50k range and bring in about 1000$ rent per home. We buy for cash using a credit line from my primary residence. We have a bank that gives us 5.5 percent on 70% ltv for cash out deals with a 5 yr balloon payment. If anyone has similar experience or advice I would love to hear about it. Thanks.

I just closed on my first foreclosure deal. It was much better than my 4 others due to the fact we were able to close in 15 days. Closing costs were cheaper because it was a cash deal. I have a great relationship with my title company and refuse to use anyone other than him. Don't get sucked into sellers telling you that you only have to use their title company.