All Forum Posts by: Ray Peslar

Hello @LynnRamdin, I would like to learn more about this opportunity. 

@brandon turner wrote The book on investing in real estate with no or low money down.

Is anyone in the Delco or Chesco area looking to downsize or totally get rid of their portfolio? Shoot me a msg. or email me. I am looking to grow my portfolio with SFR or 2-12 unit MF buildings

 Hey John, 30 yrs on an investment property is a pretty good thing! 

Is the ARV over 100k or under?

Is the property in an LLC or your name?

@Gita Faust I'm sure you have an initial setup fee to get started. How much are your services? Is it per house or is it a percentage of the gross income?

 What is the sale price?

Do you offer this program in PA?

Hi Bob, what cost are assoc. With a LOC? Application fees, any closing cost etc? Is the LOC secured by the real estate?

@Ayodeji Kuponiyi you have to determine how much you want to cash flow per door. If you like to cash flow $100/door on a small property don't compromise when evaluating a larger one and cash flow $50/door due to volume. If you have a process that works and is profitable stick with it.

Ayodeji, I think if a property (Large or small) does not meet the 1% rule you'll be hard pressed to turn any real cash flow. If the property is a value add or the taxes are extremely low you may have a possibility for some cash flow but it won't be a strong enough return for me to get involved. I like to INVEST in real estate, not GAMBLE.....