All Forum Posts by: Irfan Raza

39 N Saint Bernard St Philadelphia, PA 19139

Single Family Home | RSA-5 | 1,748 sqft | 4BR 1BA

Must submit Letter Of Intent with proof of funds based on pictures on this link. Walk through only for buyers who can provide the appropriate documentation. Buyer responsible for U&O and cleaning out the property.

Asking Price: $120,000

Call or email for details or to make an offer
215-268-6822 | [email protected]

Must submit Letter Of Intent with proof of funds based on pictures in this link. Walk through only for buyers who can provide the appropriate documentation. Buyer responsible for U&O and cleaning out the property.

Asking Price: $105,000

Call or email for details or to make an offer
215-399-0050 | info@PropertyBuyerConnect.com

1667 N Wilton St, Philadelphia, PA 19131

Single Family Home | RSA-5 | 972 sqft | 3BR 1BA

Must submit Letter Of Intent with proof of funds based on pictures on this link. Walk through only for buyers who can provide the appropriate documentation. Buyer responsible for U&O and cleaning out the property.

Asking Price: $40,000

Call or email for details or to make an offer
215-268-6822 | [email protected]

Must submit Letter Of Intent with proof of funds based on pictures on this link. Walk through only for buyers who can provide the appropriate documentation. Buyer responsible for U&O and cleaning out the property.

Asking Price: $105,000

Call or email for details or to make an offer
215-268-6822 | info@PropertyBuyerConnect.com

Must submit Letter Of Intent with proof of funds based on pictures on this link. Walk through only for buyers who can provide the appropriate documentation. Buyer responsible for U&O and cleaning out the property.

Asking Price: $89,000

Call or email for details or to make an offer
215-268-6822 | info@PropertyBuyerConnect.com

www.PropertyBuyerConnect.com

@Catherine Stevenson I have previously dealt with unresponsive property management and contractors and have found that it is better off going your separate ways as soon as possible no matter what the loss, it is often better to cut ties right away.  I am not familiar with the current company you are using or any agreements you have with them, but typically if the tenants do not pay you do not get paid.  If you are not satisfied there are plenty of other property management companies that would love to serve you as a client.  Feel free to reach out through PM and I could refer you. 

@Anthony Testino I operate in Philadelphia and use hard money consistently.  I have tried and tested a few of the hard money lenders in Philly which provide "soft money" rates.  Meaning I do not test out the lenders trying to offer me 12%/4 points plus.  I have not found any lenders that will fund construction up front, but what I have found is that some lenders do offer more upfront financing on the close than others, which would reduce the amount of cash needed at closing, (not really a big deal buying vacants in philly, as you know).  As I build these relationships, I am getting offered cheaper financing in terms of points and interest costs, but it does not seem as though they are willing to fund construction up front. 

I do also accept private money loans as well and found these easier to work with overall.  

Completely understand the goal of using none of my own cash to fund these deals, to allow me to do more deals and am constantly seeking better ways to do this as well. However, I do understand how some could have a misunderstanding of what you are trying to do, without understanding your background.  There are a lot of newbie investors on these forums trying to access the world of real estate and it wasn't until I read all your posts that I understood a little bit more.  

Would be interested in connecting further.  

Must submit Letter Of Intent with proof of funds based on pictures in this link. Walk through only for buyers who can provide the appropriate documentation. Buyer responsible for U&O and cleaning out the property.

Asking Price: $60,000

Call or email for details or to make an offer

215-268-6822 | [email protected]

Must submit Letter Of Intent with proof of funds based on pictures on this link. Walk through only for buyers who can provide the appropriate documentation. Buyer responsible for U&O and cleaning out the property.

Asking Price: $80,000

Call or email for details or to make an offer
215-399-0050 | info@PropertyBuyerConnect.com

www.PropertyBuyerConnect.com 

https://propertybuyerconnect.com/investors.html