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All Forum Posts by: Magesh R.

Magesh R. has started 11 posts and replied 94 times.

Post: Apartment building investments

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17

Congrats @Jered Sturm 

Any brokers dealing with multi-fam in Cleveland? I would like to discuss with you.

Also if any investor has done value play with apartments, I would like to hear their advice/story as well.

Post: Mortgage Financing for a Multi-Family - based on equity or income?

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17
Jeff Greenberg when you say partner, does that refer to syndication? Or some other arrangement?

Post: Mortgage Financing for a Multi-Family - based on equity or income?

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17
Ilya V. Please post here on what you find. I'm watching this post with an interest as I want to get in to one such apartment building investment myself. Hope to learn how you resolve this. Wish you good luck!

Post: Apartment building investments

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17

Having invested in some SFRs and residential multiplexes, I want to move in to small apartment building investments ( in the range of 10, 20 units or so). So far my investments all have been in Columbus,OH and Cleveland,OH area so prefer to stick with that Geography. 

I would love to connect and discuss with any individuals or businesses operating in that area and dealing with apartment buildings.

Post: Need help with Cleveland

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17
Thank you Ryan A. They have good cash flow so I'm ok with not expecting appreciation. But I hope in 5-10yrs there will be at least some small appreciation

Post: How Good Is This Duplex Investment?

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17
Mark Lee I was told by my lending bank that for investment duplexes, the minimum down payment is 25% and for that I'm getting 5.125% rate. My credit score is excellent. I'm really surprised with your rate and down payment numbers. I would like to do the same if possible. Can you tell me which bank you are getting the loan from? Also which area?

Post: NYC metro BP meetup

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17
Where can I check for the current event schedule? I would like to join the meeting as well

Post: Flipping on Long Island NY?

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17
Any regular meetings going on in LI? I would like to attend, network and learn more about RE.

Do we have this meeting going weekly? sunday 6pm? Iam in LI and would like to attend this weekend if it is there. Please confirm the venue and date/time.

Post: Need help with Cleveland

Magesh R.Posted
  • Investor
  • Bradenton, FL
  • Posts 108
  • Votes 17

@Ryan Arth  How is Garfield heights in specific? I am an out of state investor and about to buy some buy and hold properties in Garfield heights.