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All Forum Posts by: Kaleem Ullah

Kaleem Ullah has started 4 posts and replied 10 times.

Post: Buying a hotel need suggestions on financing

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1

@Tamara R.

Do you have p&l of the hotel. Is it performing during COVID? Because bank would do loans to only properties which are doing similar to last year cash flow.

Post: How to raise capital

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1

I have 3 properties which worth about 1.5 so I’m looking to borrow 500k against my properties.What’s the best

Way to get cash?

Post: How much should an investor get?

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1

I’m looking to buy motel franchise business.it would be best to have an investor on my side. How do I set up the deal with investor as debt partner or equity partner.I plan on finding a deal,managing the property and any repairs it need.I’m sure lot of you been through can you share the wisdom.

Post: Selling the house in Woodbridge,VA hot market

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1

@Russell Brazil

Thank you Russell for great tips. I’ll get the appliances updated. Agent is new and inexperience so I don’t think agent knows how to list the property and solicit market.

Post: Selling the house in Woodbridge,VA hot market

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1

@Russell Brazil

Address is 3812 Wertz dr

Woodbridge 22193

Post: Selling the house in Woodbridge,VA hot market

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1

Single family Property is listed over month now. About 25 showings have done so far and no offer yet.feed back from clients Back yard is kind of small...also right behind the backyard there is another house. Which seems to be causing trouble for some buyers. I’ve reduce the price from 469k to 449k now. Any advice would greatly help.

Post: Looking to invest in pg md or Howard md!

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1
@Russell Brazil Russell thanks for taking time and explaining the process. I just bought a property in Clinton. It’s on section 8 tenant are currently living in there. I haven’t done the closing yet because ratification process takes awhile here. Basically what I’m trying to understand the pg section 8 program. I would really like to hold on to the property. Should I continue with existing tenant.

Post: Looking to invest in pg md or Howard md!

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1
@Chris Seveney Thanks Chris for the referral.

Post: Looking to invest in pg md or Howard md!

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1
@Laura Tokgozoglu Thank you Laura

Post: Looking to invest in pg md or Howard md!

Kaleem UllahPosted
  • Flipper/Rehabber
  • Woodbridge, VA
  • Posts 11
  • Votes 1
I’m looking to invest in pg county md and Howard county md for flip. Can you guys tell me pro cons. Where exactly I should be looking to flip I mean like which cities. Definitely like pg since it’s close to Dc.