All Forum Posts by: Kris Marmol

I’m Quote from @Percy N.:

@Kris Marmol, this is question is so open-ended it is hard to provide tangible advice - where is the property located? size of the project, financing acquired, the experience of the team, etc, etc....

Hello Percy, yes, thank you my question was very vague. We are in the beginning phases of planning out the scope for an 8 unit apartment complex. I have some lenders already that I’m working with on the project to help us with the construction and the long-term financing. I’m always open to other alternatives though. We have several years of experience with rental properties, but this would be our first development project 

hello Barry, yes, my question was very vague, to be more specific. I am still in the early phases and learning what to look for when picking out a good plot of land to build an 8 unit apartment complex on. We identified a good region and are currently looking for raw land to developed that is zoned appropriately. I was hoping to get some advice on good books. I’m also looking to connect with lenders and contractors that operate in south Texas. 

Quote from @Barry Ruby:

@Kris Marmol Hi Kris, what does “working on” mean?

Do you own or control the site? Have you determined it’s Highest and Best use?

Have you underwritten and run numbers on the project?

Does current zoning permit what you want to build?

As Percy said, more specifics are needed for you to receive the help you want.

Feel free to send me a DM if you’d like to talk

And Happy New!

Hello, does anyone know of any good lenders that will loan on raw land zoned for single family? 
Otherwise, what is your best advice for buying and holding raw land? We see growth in an area and want to pick up plots before they become much more valuable.

Hello,

My team and I are working on a new construction project for a build to rent multifamily complex. Does anyone have any advice, recommendations or resources they would like to share?

Hello BP community. I’m looking for anyone currently active in the eastern Pennsylvania market from Philadelphia and up. I would love to hear your insight and perspective on the market. If you also have any recommendations on good realtors, property managers, local credit unions, and/or contractors, let’s connect.

Hello BP community! I wanted to see if anyone was willing to share an Excel spreadsheet that they found useful for underwriting multifamily properties. I am trying to expand my knowledge into the commercial real estate space and would like to better familiarize myself on how to underwrite small to large complexes. If you have any suggestions as well on what to look for when running your numbers please feel free to chime in. Thank you 

Hello I am looking into purchasing some auction properties on the courthouse steps with cash and then have a goal of refinancing those properties after they are repaired. With Texas having a right of redemption we found the title companies are not willing to issue a title for a couple of years. Can anyone recommend any lenders or strategies to refinance a property with a sheriff deed?

How do investors flip properties in these situations?

thank you all for all your help

Hello I am looking into purchasing some auction properties on the courthouse steps with cash and then have a goal of refinancing those properties after they are repaired. With Texas having a right of redemption we found the title companies are not willing to issue a title for a couple of years. Can anyone recommend any lenders or strategies to refinance a property with a sheriff deed?

How do investors flip properties in these situations?

thank you all for all your help

Hello, maybe someone can help me with the marketplace. Where are the filters? I can post to search for investment partners but cannot search for them through the same portal? I just see a tab for see all and “jobs” how can I see the posts I want to see?

Hello everyone, the search is going pretty good so far. I have found a couple decent and investor friendly agents that are willing to at least give me some information and show me what areas would be looking promising. Still need more! I’ve also started a mastermind group that I would like to invite anyone here to join. Please message me or comment for more info. Apparently you can’t post more links to make it easy.