All Forum Posts by: Paras Gupta

Hey everyone, 

I am looking to purchase a rental property in Miami, especially Brickell. I was comparing the rental rates on Airbnb and the return seems good. It seems that every month you will be able to cover your mortgage. The condos are costing about 250k. I am currently located in VA, so I will be an out-of-state investor. Any thoughts, suggestions are appreciated. Do you recommend Airbnb? I have experience with rental properties within VA, and Miami would be my first out state property.

Maybe I can also get the condo as a second home loan from my lender as well. Would love to discuss further with you folks and learn from your experience. :) 

I am still interested. Is this happening?

Does anyone have any suggestions on buildium? I did a demo and the software looked good. I have only 3 rental properties so far, but I plan on expanding my portfolio. Did this help you eliminate using a realtor, where you able to find tenants, did it help you manage tenants better, etc? Any feedback is greatly appreciated. I am debating if it is worth investing in the software or should I wait till I have more properties. Thank you in advance. 

Thank you. I will keep calling places, and will check with PenFed. 

Hi Everyone,

I have an investment property that I own currently. The house is appraised to approximately about 340,000 and I have a loan of about $220,000 left. I have been encountering difficulties with cashout/Helocs on investment properties with credit unions/ banks. 

I am able to find lenders who are willing to do 75%, but I am looking for 80%. Primarily this money will be used for downpayment for new property. I have excellent credit and able to provide W2 and all the required documentation too. Any suggestions for banks/unions in virginia who are able to help?  

Thank you everyone. Looking for any suggestions on how to pull 80%. 

I am here at the bar in black shirt. I am at the standing table with laptop. 

Please let me know if you will be coming late. I will stay till 6pm or so depending on how many people show today! Looking forward to meeting everyone

I am planning to be there at 5pm. I can be reached via cell at 703-483-1883. Please reach out to me if you have any questions. Hoping the weather is not too bad for tomorrow. 

Those who are available to meet today should meet at glory day in south riding at 5pm. Please post on this thread if you will be attending the event today, so others are aware and can join you. I will not be able to attend today. Hope everyone gets a chance to attend the meetup today! 

 I have scheduled another meetup for February 11th at the same location. Below is the link for the new meetup scheduled for the month of February: 

https://www.biggerpockets.com/forums/521/topics/66...

Hey everyone! Please come join us in February 11th for an informal meeting for us all to network and talk about real estate. There will be happy hour specials at Glory Days and come network with your peers. From beginner to experts, all are welcome. If anyone is located in northern virginia, please stop by and enjoy! Message me if you have any questions. Thanks all!