All Forum Posts by: Moises Perez

Good Morning BP Community

I would like to get in touch with Group Homes Non Profit Organizations in Maryland that are seeking Investors for long term lease.

I am ready to buy my first rental house and I would like to explore this niche.

Thank you in advance for all inputs.

Moises Perez

Hi Melvin

Thanks for your input.

I am currently working with local lender .

Thanks 

Moises

Hello 

I am currently looking to buy  a property in Maryland, since I live in Rockville

I want to use the Fannie Mae Delayed Financing Exception Strategy since I am paying Cash.

Does anyone know a lender that can help me with this .?

I would like to know what are the Requirements in regards Paperwork.

What Do I have to have ready on my end to help fast completion?

Thank you in advance for all your Inputs

Sincerely

Moises Perez

Hi Ned

Thank you for the advice. I will keep that in mind.

Sincerely

Moises 

Hello Everyone

I have been researching about Rental Arbitrage Strategy .

I would like to know if anybody in this Group Have done it 

I live in Montgomery County, MD .

Thank you in advance for your inputs.

Regards

Moises Perez

Rockville, MD

Thank you for all your inputs.

I have decided to explore different Cash Flow Strategy .

I am researching right now Rental Arbitrage .

Do you have experience in doing this in the DMV Area?

Thank you in advance.

Moises 

Hey Guys

This is my analysis of a Rent ready Single Family House for Sale in this zip code: 21207.  Can you guys give me Feed back about this. Thanks in advance.

SFH for sale : 3 Bed,2 Full Bath -$100,000.00 ( Baltimore County 21207)

ZILLOW VALUE : 120,000.00

Average Rent : 1,600(I called 4 similar Properties Same Area for Rent -Realtor.com)

I am planning on buying using my own cash and then use Fannie Mae-Delayed Financing Exception to recycle (3 to 4 weeks)my money and repeat.

Mortgage Loan PI :   30 years 4.6%            $ 513.00

Property Tax  :                                               $ 209.00

Insurance:                                                       $  28.00

Total :                                                              $ 750.00

Utilities/landscaping Paid by Tenants and Major Repairs by Landlord.

Cash Flow  :  $ 1,600- $ 750=   $ 850./m

Thanks again for all your inputs.

Hi Russell

I will go to this event. 

Thanks.

Moises Perez

Hello BP Friends

I'm a Licensed Electrical Contractor based in Montgomery County, Maryland. I am looking to switch to Real Estate Investing Full Time and continue with my Electrical Business doing consulting only.

My Philosophy is Long Term , Buy and Hold Multifamily Properties. I've been listening and reading everything related to Real Estate Investing using BP as my main channel.Currently seeking anyone willing to share their experiences and lessons with me. My Goal in life is not have to worry about money and give back to my community .I am hoping to find Mentors, Investors, Brokers, Agents, Property Managers, Attorneys, CPA to be part of my Team.I bring to the table 22 years experience in Construction as DC, MD and VA Master Electrician , Integrity, Capital,I Speak English and Spanish. I am familiar with the DMV Area but willing to participate with Deals wherever the Criteria and numbers make sense. I've been married for 30 years and my wife support me 100%. We have 4 children 2 boys and 2 girls and they are my Why I have to succeed.I'm a volunteer soccer coach for kids in my community and Play soccer myself in my County soccer league.

Overall Happy to be part of the BP community and Excited and ready to start networking with like-minded people.

Best

Moises Perez