All Forum Posts by: Paul F Russo

I have been able to obtain residential financing on the property in the past.  This time around has been much different.  @Patrick Queally do you think that is not obtainable at all?

Hello All.

I own a 3-family residential house in Medford, MA that has a Commercial Unit attached. The Commercial unit is currently being rented out as a Convenience Store. The mortgage on the property is paid off and there is just a small HELOC. The building is fully rented and has amazing cash flow. The most recent appraisal is around $1.2mm. I am looking to do a $400k cash out re-fi, but am having trouble finding a lender due to the commercial aspect.

Does anyone know of any lenders or regional banks in the area that you have used in the past that you think may be a good idea?

Thanks in advance for your help!

Paul

Great site.  Much appreciated.  @Brandon Sturgill

Opportunity Zones are providing property owners and potential property owners with outsized return potential due to the deferral (and potentIal ELIMINATION) of capital gains. What sites or sources are you using to find where these opportunity zones are located and the potential buying opportunities within them?

@James E.  --- So I can bring an investing partner with me and he can provide email and $10 at the door, correct?

Thanks and see you soon!

I registered to this event above.  Do I pay my $10 at the event?  (This is my first time attending, so apologies for the question.)

Also -- is it possible to register an investing partner of mine for the event as well? 

Thanks,

Paul

Hi Ashley.

I am a CPA and tax director at a family office on the north shore (Beverly, MA).  I'd be happy to have a conversation with you to steer you in the right direction.  If you'd like, you can find me on LinkedIn and we can connect.  (This website's posting rules doesn't allow for me to post my email).  Thanks. -Paul