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All Forum Posts by: Pat Peri

Pat Peri has started 3 posts and replied 8 times.

Post: Conventional or Commercial Loan on my Quadplex?

Pat PeriPosted
  • Holly Springs, NC
  • Posts 9
  • Votes 2
Joseph Gozlan that makes sense. Eventually once I own more than one I would like to place it into the LLC.

Post: Conventional or Commercial Loan on my Quadplex?

Pat PeriPosted
  • Holly Springs, NC
  • Posts 9
  • Votes 2
Hey guys, I am now shopping around for lending on the Quadplex. On the podcasts I hear conventional vs. commercial and understand the pros and cons of both. I am wondering what you guys are doing. This is my first Quadplex and everyone I am talking to about a conventional loan needs 25-30%. Should I do a commercial loan even though the rates are generally higher? Thanks

Post: How are you collecting payment?

Pat PeriPosted
  • Holly Springs, NC
  • Posts 9
  • Votes 2
Thanks everyone this is great advice!

Post: Newbie from Raleigh, NC

Pat PeriPosted
  • Holly Springs, NC
  • Posts 9
  • Votes 2
Michael Macklin absolutely! What is a good email address to reach you at?

Post: How are you collecting payment?

Pat PeriPosted
  • Holly Springs, NC
  • Posts 9
  • Votes 2
Hey guys, I am in the process of getting my first quadplex and am wondering how everyone is collecting rent. Are their good apps/software? Are you directly drafting from account? Check? Thanks!!

Post: Newbie from Raleigh, NC

Pat PeriPosted
  • Holly Springs, NC
  • Posts 9
  • Votes 2
Dawn, can you provide me with these groups? I would be very appreciative. Thanks.

Post: Newbie from Raleigh, NC

Pat PeriPosted
  • Holly Springs, NC
  • Posts 9
  • Votes 2
Michael Macklin I am looking to buy in the triangle area but wanting to buy and hold. I am really interested in low to no money down options. Have you gone in with any partners?

Post: Newbie from Raleigh, NC

Pat PeriPosted
  • Holly Springs, NC
  • Posts 9
  • Votes 2
Hey everyone! I am a newbie in real estate investing and want to get my first property in 90 days. I would love to meet up for coffee, or over the phone to discuss best practices for my first one. I have a HELOC on my home now and would just love to discuss financing, etc. Thanks!