All Forum Posts by: Jared Forman

Luis,

Just sold 2 triplexes this month. Would be happy to help you.

Interested, please send me more information private

David is right on the money. If this is your first deal you will want to be on sight everyday and make sure the work is being done right and in the correct order. You don't want to put carpet down before painting, ect. 

If you want to give us a block address we can help, like 5800 woodbine. And where the comps are.

Steven,

How many units are you looking for?

What price point are you looking for?

RSA & RSD are both single family zoning

RM is used for Multifamily zoning

If you have a property with RSA / RSD zoning and you would like to use it for multifamily 1-4 units you will need to obtain a variance.

If you would like to get information on a specific property in Philadelphia use Atlas.phila.gov

* this is a very high level of multifamily zoning*

I work with Marc Jaffe based out of Villanova for my RE law questions. You can find his number on google

Gentlemen,

I am an ex-engineer gone realtor/ investor. Would be interested to speak with both of you to get an idea of your 1 year and 5 year goals.

My primary focus is with investment real estate using both on and off-market inventory. 

pocket listing: 3 bedroom, 2 bath investment property in Norristown, PA suburb of Philedelphia ( Philly). Asking 70% ARV- repairs. property has a month-to-month tenant who will stay or go based on new owner. send me a private message with email for deal analysis as both rental and flip.

Conrad,

Even if you don't have a flipping record, as long as the numbers work out you will be able to find money. They will evaluate you as a higher risk and charge you a greater amount of points/ higher rate as a results. check the following for lenders https://www.biggerpockets.com/hardmoneylenders/pen...

They they can not help you then go to a bank and apply for a unsecured line of credit. They will give it to you based off risk factors.

DITTO @Justin Eaton & @Tom Doherty

I am going to throw some numbers a you really quick

Student Loans

government subsidized - 3-5%

Unsubsidized loans - 5-7%

2017 Stock Market Returns

S&P 500 - 23%

Nasdaq - 29%

DOWJones - 29%

Russell 2000 - 16%

Real Estate investments

2% Buy & hold - 6-100%

Their are better options for your money than spending it on low interest loans. If the weight of these loans puts a bearing on your shoulders, then pay them off ASAP.