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All Forum Posts by: Sanise Hass

Sanise Hass has started 5 posts and replied 20 times.

Post: BRRR in a twist! Confused.

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

Ok so here it is... My mom has a house. It's in her name I stay there majority of the time. I wanted to use the BRRR strategy. So can we refinance the home to my name and then use the cash out to finance a new property which I plan to BRRR?

Or once my mom’s home is in my name can I instantly rent it out for cash flow? How long after a mortgage is transferred or refinanced to another person can that new owner move out or rent out? And if I don’t like landlording, would I be able to just sell the home within 6 months-1yr? Hope I didn’t confuse you all. Just a confused newbie. 

Post: Philadelphia buy and hold rental property

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

@Jason Sinclair hey Jason! I’m a newbie in the market! I am currently looking for my first flip! I may not be as much help to you as you to me! Lol. But I can tell you the booming neighborhoods! 🤷🏻‍♀️

Post: Philadelphia flip newbie! Looking to volunteer!

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

Are you flipping in Philly or Harrisburg? Thats a huge distance.

Post: First Deal Complete and WOW

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

@Donald Thomas CONGRATULATIONS!!!!!!

Post: Philadelphia flip newbie! Looking to volunteer!

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

Looking to help and work with some professional rehabbers/Flippers in Philadelphia! What do you need help with? Will be attending local REIA events as well! :)

Post: Philadelphia buy and hold rental property

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

@Ioannis Babatsikos Im born and raised in philly and have been studying the market. Best locations are brewerytown, northern liberties, temple university area (north philly), university city, south philly, but up and coming is West oak lane. And parts of Kensington....If that helps.

Post: What permits to obtain beforehand?

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

Thank you so much Jimmy! I’ve been “driving for dollars” and gathering information! :)

Post: What permits to obtain beforehand?

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

Anyone from Philly? What permits are required for a “shell” you plan to rehab? What insurance did you get?

Post: Hello BP! Let’s chat!

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

Hello Anthony! Thanks for the reply and the welcoming! No mentor yet! Hopefully I'll find one on the way. I just joined my local REIA group! :)

Post: Hello BP! Let’s chat!

Sanise HassPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 21
  • Votes 6

So after years of my dad owning and flipping properties. I finally decided to jump aboard! I was lead here from listening to a few of podcasts. My favorite...Flipping Junkie! I am an ambitious newbie ready to flip and make all old homes new and unique. But like so many...I need a little guidance! I’m here to gather as much info and share and read the good bad and ugly in this business! I’m from Philadelphia area which is a city that is booming in real estate! So don’t be shy say HI! 😊