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All Forum Posts by: Gabriel Rossi

Gabriel Rossi has started 1 posts and replied 4 times.

Post: Banking in pittsburgh pa

Gabriel Rossi
Pro Member
Posted
  • Investor
  • Pittsburgh PA & Cleveland OH
  • Posts 4
  • Votes 4

Hi Tarrell,

Great question. I use Clearview Federal Credit Union for my rental. They are highly rated and I have enjoyed my experience so far.

In listening to the podcast and reading some other BP literature, a good rule of thumb is to use a local bank or credit union if investing in property less than $1 million (like CFCU) and the bigger regional/national banks for more expensive or larger commercial properties. For my future investments, I will be exploring some of their other loan options (e.g. if they can wrap a reno loan into a conventional mortgage--similar to a 203k loan) in the coming months. I will let you know how it goes. 

Good luck!

Post: Little Italy Cleveland, OH Cap Rates

Gabriel Rossi
Pro Member
Posted
  • Investor
  • Pittsburgh PA & Cleveland OH
  • Posts 4
  • Votes 4

Thanks a lot, @Nathan Fisher. I appreciate your perspective and taking the time to respond.

Post: Pittsburgh Meetup Group - Newcomers Welcome!

Gabriel Rossi
Pro Member
Posted
  • Investor
  • Pittsburgh PA & Cleveland OH
  • Posts 4
  • Votes 4

I am interested as well. Thanks for organizing!

Post: Little Italy Cleveland, OH Cap Rates

Gabriel Rossi
Pro Member
Posted
  • Investor
  • Pittsburgh PA & Cleveland OH
  • Posts 4
  • Votes 4

Hi all,

I am considering two multi-families in the heart of Little Italy (5 & 6 units on Murray Hill Road). What cap rates are other investors seeing in Little Italy nowadays? Many of the posts I've found are 6+ years old. Thanks for your help!