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All Forum Posts by: Bobby Paquette

Bobby Paquette has started 59 posts and replied 176 times.

Post: What's your TOP Investment Destination and 3 Reasons Why!

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

@Jay Hinrichs Charleston, SC?

Post: Private Money Lenders Charleston

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

@Troy Gandee thanks! I’ll reach out !

Post: Private Money Lenders Charleston

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

Anyone know any private money lenders in the Summerville/Charleston SC area? Want to start doing BRRR deals and no capital to grow!

Post: How much do you save from the rent?

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

I know it is going to depend on the age of property, tenet base, etc. but generally on older homes that have not been updated how much do you set aside for Maintenance/Capex/Vacancy ? I always run my numbers on 10%/10%/10%. Do you personally do it based off the rent or the mortgage payment?

Post: Commercial Lenders Help

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

Does anyone have a commercial lender who will do less than 25% down? It's only 5 unit apartment building is less than 200k if they are willing to work around the 25% down. 

Post: Using OPM and still getting cash flow

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

@Nate Bell hmm , interesting. Thanks for sharing!

Post: Using OPM and Cash Flow

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

@Taylor L. Yup! Thanks!

Post: Using OPM and Cash Flow

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

@Evan Polaski agreed, thanks!!

Post: Using OPM and still getting cash flow

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

@Justin G. Going to shoot you an email!

Post: Using OPM and still getting cash flow

Bobby Paquette
Agent
Pro Member
Posted
  • Real Estate Agent
  • Charleston, SC
  • Posts 205
  • Votes 83

@Erik Hatch Thanks!