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All Forum Posts by: Marc M.

Marc M. has started 14 posts and replied 341 times.

Post: RE Meetups for New and Aspiring Investors - Rockville/Gaithersburg, MD

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135

Welcome to the area! I live in Rockville and hope to meet you soon.

@Russell Brazil do you have any REI Rockstars meetups coming up?

Russell is also the guy to talk to when you're ready to buy a place. Highly experienced realtor who specializes in investment properties.

Post: Looking for contractors in Maryland

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135
Quote from @Russell Brazil:

Reach out to @Marc M.


Thanks, Russell!

Zach, happy to chat and give you some insight. Shoot me a PM and we can set up a time.

Marc

Post: New to house flipping in the Washington, DC Area

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135
Quote from @Russell Brazil:

Reach out to @Marc M. for funding

Thanks, Russell! Appreciate the shout-out.

Sam, responded to your PM. Looking forward to chatting!

Post: Looking for a lender that does Bank Statement Loans

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135
Originally posted by @Russell Brazil:

@Kathiuska Ramirez reach out to @Marc M. at Trius Lending. 

Thanks, Russell! 

Kathiuska, I'll send you a PM with my contact info.

Post: Active Duty reporting to Bethesda MD, house hacking?

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135
Originally posted by @Carlisha Watlington-Holivay:

@Marc M. thank you for the reference! Does he have house hacking experience (rent by room)?

Absolutely, he has at least one repeat client that does only this in the area. 

Post: Baltimore City- construction loan if next to a vacant

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135
Originally posted by @Russell Brazil:

@Dennis Bates try reaching out to @Marc M. at Trius Lending.

Thanks, Russell!

Dennis, I'll send you a PM with my info. If the numbers work we can almost definitely help you with this.

Post: Investing with non-citizens

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135

Hey Daniel, I might be able to help with this. Sending you a PM to get some additional info.

Post: Baltimore Apartment Complex Auction Experiment-Property Analysis

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135
Originally posted by @Aaron M.:

@Marc M. Hi Marc. Would you mind sending me a PM also? I'm in the regional market for a small commercial property also. TY.

 Sent!

Post: Active Duty reporting to Bethesda MD, house hacking?

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135
Originally posted by @Russell Brazil:
Originally posted by @Carlisha Watlington-Holivay:

I am an active duty military member that will be stationed at Walter Reed Bethesda, MD and I will only be station there for a few years. I have no experience and this will be my first house. I am looking for a real estate investing/ house hack friendly properties. I'm also looking for something in the Bethesda or anything close to this location.  Good cash flow potential area. I will probably rent by the room/house hacking and wanted to know where I could find the laws and regulations for Maryland. Thanks in advance. 

 Welcome to MD soon.

Id recommend doing a rent by the room situation in Rockville, Gaithersburg or Silver Spring. The occupancy limit is 5 unrelated people in a property in Montgomery County. So optimally you can get 4 roommates, that should bring in between $3,000-$4,000 a month extra. 

Of course finding a 5 BR might be a little tough depending on price point.....4 bedrooms is probably a better bet.

Rockville and Silver Spring are where most of my rentals are (followed by DC) and I live in Gaithersburg. Feel free to reach out with any questions.

 If anyone can help you find a suitable rental property, it's Russell. He's one of the best in the area for investment properties and knows the area like the back of his hand.

Welcome to MD soon and thanks for your service. I grew up about 2 blocks from Walter Reed and doubt you'll be disappointed with the area unless you're coming from somewhere with palm trees. 😁

Post: Baltimore Apartment Complex Auction Experiment-Property Analysis

Marc M.Posted
  • Contractor
  • Rockville, MD
  • Posts 423
  • Votes 135
Originally posted by @Ozzy Sirimsi:
Originally posted by @Marc M.:
Originally posted by @Russell Brazil:

You should be able to get a 25 year amortization without issue. Reach out to @Marc M. He is a commercial/hard money lender in the area. 

 Thanks for the tag, brother!

Logan, sounds like you're off to a great start and I'd be happy to strategize through this deal with you. We can do a 30-year, fixed rate, no doc mortgage on it. I'll send you a PM with my cell number and feel free to reach out anytime to discuss further.

 Hi Marc,

Do you mind sending me a dm as well with your contact information. I have a commecial property and would like to buy another. 

Sure thing, Ozzy. PM incoming.