All Forum Posts by: Nadia Bipialaka

@Nadia Bipialaka head down Washington ave & S.24th. That strip on Washington ave you'll find tile, cabinets, trim, and a lot more.

If you are doing this remote which your message seems to indicate you will be, hopefully you have a GC or PM overseeing the project.  If so, then you should use what they use rather than getting creative and creating more work for your on-the-ground team.  Let them get what they need from where they are used to getting it rather than going to places that they are new to and hope that what you wanted is what actually is delivered.  Remote flips are not the easiest without a known team in place . . . . best of luck but listen to your GC / PM and use their local knowledge.

Hi Jessica, I have two MTRs in Philly and I have a MTR property management company. Just sent you a DM to discuss more!

If you're literally using HELOC funds to fund an investment property, I highly recommend against this. Anyone suggesting this is just predatory, and should be ashamed. If I read it wrong though, ignore me.

@Nadia Bipialaka
With a budget of 150k, all in including rehab that's doable just using the HELOC. I would recommend looking at single-family BRRRR deals. Stick to cosmetic value add. The more important question is whether the price is realistic in the market you live in or not. If you can do it locally then go for it if not then look in a market where it is possible with your price range. If you are looking for other markets Columbus OH and Cleveland OH are great markets to check out.

@Nadia Bipialaka I agree with Eric, it's good to understand those markets in those price ranges very well. The numbers and returns might seem very attractive and might even seem less risky because of the purchase price, but you might find yourself in a riskier position in those markets. Right now many of those markets have high inventory making it hard for flippers to sell or landlords to rent. 

Happy to also talk with you as well if needed.