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All Forum Posts by: Damon Lilly

Damon Lilly has started 5 posts and replied 18 times.

Contractors

Post: Philadelphia Contractor Needed

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4
James M. I need a contractor in the northeast.
0 Votes
Local Real Estate Networking

Post: RE: Philadelphia, PA General Contractor Referral

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4
@Troy S.
0 Votes
Buying & Selling Real Estate

Post: Philly Fishtown first fix and flip

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4

Hello  @Dennis Bobakov ,

I really appreciate your feedback and the link. Hope we can make some money together in the near future !

2 Votes
Buying & Selling Real Estate

Post: Philly Fishtown first fix and flip

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4
Hello everyone, I'm a buy and hold landlord of 5 yrs, thinking of trying a flip. It will be with hard money in the Fishtown section of Philadelphia Pa. Wanted opinions on the numbers... Asking $219k Rehab $65k ARV $ 385k Hard money $135k@ 1.17 per month up to 12months and 4 points at closing.
2 Votes
Commercial Real Estate Investing

Post: Titans Capital Partners

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4

Hello all,

Does anyone here have any experience with this company ?

Or their cofounder Semay Rashad ?

0 Votes
Private Lending & Conventional Mortgage Advice

Post: I want to do a HELOC on my Primary....but the lender says I can't

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4
Hello there, Have you considered changing the zoning / usage ?
0 Votes
Buying & Selling Real Estate

Post: 3rd property in Philly

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4

Wow, that's awesome Troy !

Who do you work with on the ground ? Or is it all online searches and auctions ?

0 Votes
Buying & Selling Real Estate

Post: 3rd property in Philly

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4

Hello Troy,

Would like to get the name of the management company as well. Thanks in advance.

0 Votes
Buying & Selling Real Estate

Post: 3rd property in Philly

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4
Originally posted by @Troy Whitney:
Originally posted by @Chudney Wesley:

@Troy Whitney 

thats good to hear.  I am in the south jersey area which is only 20 mins from philly, I actually work in philly and was interested in starting to invest in philly. What property management company are you using? im looking for a good one myself

Chuck - I'll be happy to send you their info.

0 Votes
Real Estate Deal Analysis & Advice

Post: New investor in need of advice

Damon LillyPosted
  • Investor
  • Philadelphia, PA
  • Posts 20
  • Votes 4
Originally posted by @Jamal Pitts:

@Damon Lilly  If this house is on the West Philly side by the zoo, I can't see it being worth over $100,000.  $80,000 is even pushing it.  Plus it sounds like the house next door is abandon.  That's a whole new set of issues.  You will have a hard time getting financing ever( not just to buy but trying to refi) or home owner insurance.  Plus it would be an eye sore to GOOD tenants.  I hate to be negative, but I don't see to many positives in this deal, unless it's in Brewerytown; then that changes everything. 

 Thanks for the insight and feedback .

0 Votes