All Forum Posts by: Eli M.

Often times, we hear low grade, mid-grade, high-grade construction materials. I was wondering, are these definitions standardized and if yes what exactly do they mean?

Thank you all in advance,

Eli M

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Dear BP family,

Would you know what's the eviction process in Philadelphia or where can I learn more about it?

Thank you all in advance,

Eli M.

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Dear BP family,

I just rewired my entire house, put completely new electric everywhere.

Should I get an independent third party electric inspection and a letter of certification to make sure the electric job was done correctly ?

Thank you all in advance,

Eli M

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Dear BP family,

Whenever I buy from a wholesaler I always have my internal dilemma. If the deal is so good, why doesn't that wholesaler keep it to himself?

Please, help me to rectify this issue.

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Dear BP family,

I am investing in Philadelphia, PA (Philly) and I heard that the L&I inspectors recently became very active and give out many fines and demand many permits.

I was wondering, what exactly requires a permit and what could be fixed/rehabbed without one?

Thank you all in advance,

Eli M

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Originally posted by @Kevin M.:

@Tom Doherty I have no idea what kind of experience you have when it comes to Philly electrical work but just wanted to chime in to recommend you find someone reputable who will pull ALL proper permits to legalize the work they're doing. Just got burned bad on a property in Philly that had work done without a permit (long before I purchased) and the City slapped a bunch of violations that will now require a ton more work to get cleared. Best of luck with your project

I am just wondering, how did the city find out you don't have any permits ?

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Dear BP family,

I was wondering what's the correct way of calculating how much of a drywall (Sheetrock) will i need to completely re-do a 1000 sq ft two-story home, including the ceiling as well but excluding the basement ?

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Originally posted by @Kimberly Smith:

@Eli M. Zillow! Nothing fancy here.

Thank you for your response. Sorry I meant to ask how did you fight the appraisal?

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Originally posted by @Kimberly Smith:

@Jim Haney same thing happened to us a couple months ago. I fought the low appraisal and it took them a solid 2 months to come back and hold their ground (the appraisal the lender chose was in a different county and was way off on the assessment). Our solution: went with a different lender. The new lender, which happened to be the same we did the fix n flip through, used an appraiser that better understood the local market, and actually did the appraisal for the purchase too! This worked in our favor because the appraiser remembered what the property looked like before and could make a fair assessment of the work we did to it. The 2nd appraiser (or the original from the initial purchase) came back $40K HIGHER than the that low assessment! So, we cancelled the app with the first, and refi'ed into a 30 year fixed with the same company that did the fix n flip to begin with.

How did you fight it?

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@Kimberly Smith

How did you find it?

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All Forum Posts by: Eli M.

Eli M. has started 132 posts and replied 221 times.

Post: Construction materials qualifications

Post: Eviction process in Philadelphia, PA

Post: A letter of certification for electric work

Post: A philosophical dilemma

Post: L&I Inspectors, fines and permits

Post: Cost to rewire Philly/delco rowhome

Post: A correct Construction calculations

Post: Low BRRRR Appraisal - what next?

Post: Low BRRRR Appraisal - what next?

Post: Low BRRRR Appraisal - what next?