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All Forum Posts by: Paul Sorgi

Paul Sorgi has started 10 posts and replied 340 times.

Post: *NEWBIE* Want to purchase more properties minimizing down payments

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Find a Partner.  You supply the great deals and management of the property and the partner brings the downpayment or more to the table. 

Post: New Blanket Residential Product with NO PRE-PAY!

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

You could also specify the minimum loan size too.

Post: would you partner with some one who is cheating on his wife?

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Only if you plan to do a Reality TV show people love drama.  

Post: Printing Personalized Postcards

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

The only way to know is to do it then evaluate the results.

Post: Latest Project

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

This property I purchased in June of 2013 with an existing tenant.  I renewed their lease in Aug 2013 and in Jan they moved out.  They took 2 months to get out and forgot to pay the rent as well.  I decided to rehab the home and sell it.  Below are some pictures of the progress that has been made to date. Pictures are not in order but I think you determine before and after

Post: Introduction

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome to BP!  Not sure how to help you with the picture loading maybe @Brandon Turner could shed some light!

Post: How to Determine the Value and After Repair Value?

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Sorry I left my post hanging, had to run out to the store with my wife.  It looks like @John Moore jumped in and finished it off nicely.  Good luck to you @Marshae H. !

Post: How to Determine the Value and After Repair Value?

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

To determine ARV you will need to look at the most recent past sales of similar homes close in proximity to your property.

Some guidelines I use. Age of home, square footage, proximity, date sold, lot size, then a little guessing.  

Post: Should I add a foundation to my post&pier triplex?

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

If the house is structurally sound without adding a foundation I would pass. Is the foundation necessary for a HELOC or refi?

Post: Newbie in SoCal.

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome to BP @Keoni V. 

 Sounds like you are finding the information you need.  Continue to post your questions and grow your network.