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All Forum Posts by: Rafael Carvajal Jr

Rafael Carvajal Jr has started 7 posts and replied 13 times.

Post: Seeking a Private Money Lender

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

I am currently exploring a deal and I am looking for a private lender. They are both in Atlantic City, NJ. Send me a DM to breakdown/discuss in detail.

The 17 unit deal:

Price: $1.869m

The 29 unit deal:

Price: $2.625m

Post: Seeking a Private Money Lender

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

I am currently exploring a 17-29 unit deal and eager to connect with potential lenders interested in funding this project. If you or someone you know please DM me to discuss this opportunity.

Post: Seeking Recommendations for DSCR Lenders

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

I'm interested in purchasing LTR package deal in New Jersey that includes a 7-unit, a 10-unit, and a 12-unit property. Recommendations and advice greatly appreciated. 

Post: Seeking Recommendations for DSCR Lenders

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

Hello everyone,

I am currently in the market for a DSCR loan and would greatly appreciate any recommendations or insights you might have. If you've had a positive experience with a particular DSCR lender or have heard of reputable institutions, please share your insights. Your firsthand experiences and feedback will be invaluable as I navigate this process.

Thank you in advance for your help and recommendations!

Best regards,

Rafael E Carvajal Jr

Post: Strategy to Purchase a 9-Unit Building

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

I currently own one single family and two multi-family homes. The building I am currently looking at is priced at $1.5 mil. I am open to any strategies and financing options. 

Post: Strategy to Purchase a 9-Unit Building

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

Seeking advice on purchasing a 9-unit building! Interested in strategies, financing options, and any valuable insights from those experienced in real estate. Your input is greatly appreciated!

Post: Proper Fire Escape Egress Ladder for Lansdowne, PA

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

Greetings BP Community,

I have been searching for fire escape egress specifications that can legally abide by egress laws for Lansdowne, PA. I have been in communication with the borough inspection officer, but he does not know what system or ladder I can install. He was going to get back to me with information, but it has been a while. I want to install a second means of egress for a 4th unit in a third floor of a Triplex that I recently purchased. The inspection officer told me that I have to install that in order to legally make it a Quadplex. I am coming across many different sites with conflicting information and I was hoping that someone can give me any information or point me to the right direction. Any guidance will be greatly appreciated.

Post: Triplex Multi-Family Primary Residence Requirement

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

Greetings BP Community,

I am planning to purchase a Triplex with a VA loan that requires I live in the property for one year. If I purchase a home with large egress windows in the basement with two exits. Can I live in the basement while I lease the 3 units and still fulfill my primary residence requirement? Advice in this matter will be greatly appreciated!

Post: How to Generate Partnership Deal

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

For example, if I go into a partnership with a family member that is going to use the FHA on a multi-family. I am going to fund the down-payment and manage the property. How can the costs, equity, and rental income be split-up?

Post: How to Generate Partnership Deal

Rafael Carvajal JrPosted
  • New to Real Estate
  • Philadelphia
  • Posts 14
  • Votes 8

Good evening BP Community,

I am starting out investing in real estate and I am trying to create a good partnership deal with a family member that is willing to relocate and use a FHA loan for a 2-4 unit home. What are good deals that can benefit the partnership?