All Forum Posts by: Ryan Harsche

If you are still interested in DSCR or STR loans, please let me know. we deal with this all the time and i have a lot of experience buying these sorts of properties myself. I'd be happy to help!

Thanks for sending! I'm not sure if you are just speaking about lending options or you have a speaker, but we offer some competitive fix and flip and permanent financing for LLC's and investors. Let me know if you would like me to bring any material on this. If you have someone already, I will just listen :)

Message me and i'll send you contact info for the best GC in town. 

I've got the best Architect in the city!  does all of my work and is extremely fast.  Message me and i'll send you contact info. 

@Zachary Andrews i'd be happy to refer someone to you.  I work in Philadelphia with agents all the time and I have a few that i would be happy to refer to you. 

The partially commercial is probably whats killing you. Do you live there or just rent all 4 units? FHA allows up to 49% commercial, but you would have to be living in one of the units.

@Brad Ehnert

@Ethan Giller had great advice.  The only thing I would add is that you can do all of this online in Philadelphia's Eclipse system.  Your first step is to get a Tax ID number from the Revenue Department.  Once you have that, you can get the commercial Activity license and then you can get the rental license.  If you do it through the Eclipse system, you will get updates on a yearly basis when licenses need to be renewed. 

They do require you to obtain a Rental Suitability certificate and give that to all tenants when they move into the property as well. 

I'd have to agree! Househacking is the best way to go about it. Buy a single family and rent out the rooms or even better, find a 3-4 unit property and use FHA financing to put 3.5% down or more. I'd be happy to talk to you about all of this if you would like. Shoot me a private message.

@Mike G. I can definitely help with this.  Our company specializes in Single Family Financing.  Shoot me a direct message when you can.  

I've heard great things about Germantown.  I haven't ventured up there myself yet, but i hear great things.  As for Overbrook, I'm not quite as informed about that area.