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All Forum Posts by: Phil Spadaro

Phil Spadaro has started 4 posts and replied 12 times.

Post: Found a Deal in Pittsburgh but have 0 contacts there

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

@Sam Shueh That is an approach I had not thought of. thank you.

Post: Found a Deal in Pittsburgh but have 0 contacts there

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

@Chris Rider thank you that’s helpful i will

Post: Found a Deal in Pittsburgh but have 0 contacts there

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

@jim k no I am not willing to leave san diego. I am looking for reliable trustworthy people I can work with in your area.

Post: Found a Deal in Pittsburgh but have 0 contacts there

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

Hello,

So here is my issue. I live in San Diego and I found a property 30 minutes outside Pittsburgh in a town called baden. My friend is a wholesaler and has it under contract for 18k 

it needs about 55k worth of work and initial comps indicate arv should be around 120k


plenty of meat on the bone. Only one problem. I don't know a soul in Pittsburgh.


How do I go about finding trustworthy realtors, contractors etc. in that area without breaking the rules of the bigger pockets forums?

Please advise

Post: Trouble Comparing Rent

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

@David Michael yes he did. Not much there

@Tyler Drapeau my property is in the Middletown area

Post: Trouble Comparing Rent

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

I am a new investor ready to put in a cash offer on a property in new jersey with the intent to BRRRR. Short sell opportunity that looks promising from a purchase price/rehab cost/ ARV perspective. Where I am running into issues is comping rent in the area. I am having a terribly hard time finding hardly anything for rent in the immediate area. Is this a good problem? (Low supply) or red flag ( low supply because no demand)

I checked 

Craigslist

FB Marketplace

Zillow

Trulia

Rent.com

Are there any other places I should be checking. My Realtor seems to be having trouble finding comparable rents as well.

Any advice?

Post: Seeking Wholesaler's in San Diego Area

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

Hello,

I am a new investor hoping to get my feet wet by doing some fix and flip. I am hoping to link with wholesalers in the San Diego area or anyone with an off market property with value add opportunity. I can buy cash.

Post: Recommendations for beginners!

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

@Robert Comstock that is correct trump lifted the limit on VA loans last week you just have to be able to prove that you can afford what you are trying to buy. This is effective January 2020. As of Now the limit for VA loans for a SFR is 690k.

You can also re fi out of your VA loan and re use your benefit.

Post: **I’m a complete newbie**

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

@Trevor Jaye thank you!

Post: **I’m a complete newbie**

Phil SpadaroPosted
  • Flipper/Rehabber
  • San Diego
  • Posts 18
  • Votes 1

Austin I'm also located in san diego if you find one of the reia groups omar mentioned please share that info I would love to get involved