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All Forum Posts by: Pankil P. Patel

Pankil P. Patel has started 5 posts and replied 25 times.

Post: Dscr Heloc Is a Game Changer

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7

Please send me more information about this product at [email protected] 

Post: Seeking 1031 up to 1.3M

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7
Quote from @Alex Brammer:

Hey @Pankil P. Patel and @Joe Rodriguez If you don't already have a Qualified Intermediary for your 1031 exchange @Steve Wolterman is an attorney and QI here on BP. I'm sure he would be happy to help in any way! 

 Hi @Alex Brammer Thank you for the recommendation! We already have an intermediary in place but if anything changes, I will definitely reach out. 

Post: Seeking 1031 up to 1.3M

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7
Quote from @David Kanarfogel:

Hi Pankil,

I've got a RI commercial broker friend who I'm happy to connect you with, if you're interested. He's got experience with 1031 in particular, and works across asset categories so likely can be of help to you here.

 Hi @David Kanarfogel Thank you, yes please feel free to share their contact. I appreciate your help! 

Post: BRRRR Refinance Done Right: True DSCR Loan with a Lender I Trust & Use Personally!

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7

Hi Tim - Are you licensed for MA, RI and NH? Thanks 

Post: Seeking 1031 up to 1.3M

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7

@Joe Rodriguez Thank you for reaching out. I would like to learn more about this opportunity. Messaged you! 

Post: Seeking 1031 up to 1.3M

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7

Seeking 1031 Exchange Value-Add Opportunity in Rhode Island – Up to $1.3M

My partner and I are actively searching for a value-add multifamily or mixed-use property in Rhode Island to complete a 1031 exchange within the next 60 days. We’re targeting off-market or coming-soon deals with strong upside potential.

Criteria:

✅ Purchase Price: Up to $1.3M

✅ Property Type: Multifamily or mixed-use

✅ Value-Add Potential: Through renovations, management improvements, or repositioning

✅ Quick & Decisive Buyers: We move fast and close efficiently

If you have a pocket listing or an opportunity that fits our criteria, let’s connect. We guarantee a straightforward and professional transaction. Bring us the right deal, and you won’t be disappointed.

DM or email with details!

Post: Looking for Cash Buyers in Southern NH – Off-Market Deals!

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7

@Ryan Frechette I’m an experienced investor from MA, actively seeking value-add properties in southern NH. I currently own six properties in NH/MA and am looking to acquire more within the next month. As a cash buyer, I can close quickly and am ready to invest immediately. Let’s connect!

Post: Seasoned investor, 1st BRRRR

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7

Hey BPers,

I’m looking for a 5+ unit property to buy and rehab in cash, then refinance with a commercial lender at 75-80% LTV. How do lenders determine property valuation in these cases?

Also, what specific challenges should I be aware of before pursuing my first BRRRR deal? Appreciate any insights!

Thanks,

Pankil 

Post: Analyzing a Deal with Private Money Covering Part of the DP

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7

Hey Tim, I'm using the BRRRR calculator and came across a similar challenge in trying to get accurate numbers while incorporating a private loan for the down payment and most of the rehab costs. Were you able to find a solution to your issue? Any insights you can share would be really helpful. Thanks!

Post: BRRRR Deal Breakdown & Cash-on-Cash Confusion – Need Help!

Pankil P. Patel
Posted
  • Rental Property Investor
  • Walpole, MA
  • Posts 25
  • Votes 7

No problem, I appreciate you looking into this. Thanks.