All Forum Posts by: Kelly Arthur

Congratulations. Nice job!!!

Thanks @Account Closed I'll call you tomorrow.

Thanks @Wayne Brooks this was useful information. I'll look into a commercial loan.

I would like to obtain a mortgage to purchase rental properties through my LLC. Can anyone recommend a bank in NJ that will allow me to do this. Any advice would be appreciated. Thank you.

@Kevin Cenna all good pieces of advice. I jotted them down to refer back to on my first buy and hold purchase. Thanks. Best of luck to you @James Jacobs. 

I can't wait to hear the rest of the story!!! This is why it pays to tell people what you do, you never know, you could find a future partner. Great story.

Great job Tyler. I hope it appraises and closes!!!

Paul,

I need your email ;-)

Kelly

Wow Abhi. I'm really impressed with your thoughtful response to my forum post. I would definitely like to connect with you for more of your insight. Your post was removed but I'd like to talk to you. I'm not a pro member so I can't find you. Find my profile and connect with me. Please :-).

Thanks,

Kelly 

I am a new investor based in NJ with thoughts of possibly investing in the Charlotte, NC area. The job market appears to have growth and the real estate market appears to be seeing the benefits of the job market.  I also have close friends in the Charlotte area that could look in on my investment. My concern is that rents seem low (vs NJ) and multi families (which I like to hedge against vacancies) seem to be in low demand.  So as an out of state investor looking at investing in North NJ (NY Metro area) vs Charlotte, where do you believe I'd have the better return on my investment? I realize that NJ is very expensive but I'm looking at the cash flows from multi-families in NJ vs single families in NC.  I'm interested in what the community has to say. Let me know your thoughts.