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All Forum Posts by: Daniel P.

Daniel P. has started 4 posts and replied 98 times.

Post: Closed on my first 4-family! The numbers and how I got there...

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

Congrats! Looks like a great place! Keep up the hard work!

Post: Financing my second property

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

Have you looked at private funding? You might be surprised to find that you know someone who could finance the deal for you and like the opportunity to be your bank. 

Post: Loudoun County Virginia Meet Up?

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

I am interested as well.

Post: How do you pick a city or place to invest in?

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70
I personally do local only. I know and understand my market and can still find deals so I don't need to branch out currently.

Post: How to obtain a 30 yr fixed mortgage under an LLC

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70
Drew Kessler I have called countless banks and have not had a single one have this option for a business. The best I found was a 15 year fixed. I have 2 loans done privately on 30 year notes so it is possible.

Post: Northern Virginia Investor Networking

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

Hey guys where can we get current information on the meetups in Vienna? I would like to start attending.

Post: Managing bills, income & accounts

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

I would recommend a 2nd checking account for escrow. This will help you keep rent monies separate from items such as security deposits. You don't want to accidentally spend the security deposits and not have the money available if/when a tenant moves out. 

Post: New Investor from Northern Virginia

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

Welcome to BP @Ray Dumo

Post: How we screened 300+ tenants with ZERO phone calls! For FREE!

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

This is a great idea that will be going into my toolbox!! Thank you for sharing!

Post: New Investor from Harrisburg, PA area

Daniel P.
Pro Member
Posted
  • Investor
  • Winchester, VA
  • Posts 104
  • Votes 70

Welcome to BP!!