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All Forum Posts by: Shay Allen

Shay Allen has started 12 posts and replied 44 times.

Post: What are some ways i can get funding

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Joseph Paranteau thanks again this is awesome ill look into it when i get off work

Post: Getting into commercial rentals

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Jeff B. Just so we are clear you are talking about a hard money lender? Do you know any?

Post: What are some ways i can get funding

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Joseph Paranteau wow i would have never thought of that i think thats an amazing idea. Do you know of any off hand that are great or should i just google them?

Post: Getting into commercial rentals

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Being new i understand that i will have to pay a premium thats fine but once im established i plan on getting more for my money. I have 30k now Federico Gutierrez

Post: What are some ways i can get funding

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Actually after rereading what you wrote i have my answer but i guess what i meant to ask was where do i go looking for private money whose the best do you have any suggestions?

Post: What are some ways i can get funding

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Steve StMartin thanks alot for the great read and info i thought i was doing something wrong but thanks guys ill start over get back to the numbers and try again. I believe i can understand a deal once i have all the numbers. My debt to income is outstanding and my credit is good but having actual cash on hand is my issue. So would you guys suggest i go find lenders and how much should i ask for? I was looking at apartment buildings 5-20 units less than 1mill for asking price

Post: What are some ways i can get funding

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Hey guys im new looking to getting into commercial rentals. I dont have much money only about 10k and the equity in my home what should i do about getting funding? My broker wouldnt even show me properties without having money

Post: Best neighborhoods to buy-and-hold in Philadelphia

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Pm me i dont know if you want it public or not

Post: Best neighborhoods to buy-and-hold in Philadelphia

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
There is a triplex around the corner from my house on the market i just saw a few days ago im looking more into commercial so im not that interested but i think its in your price range neighborhood is not that bad either

Post: Getting into commercial rentals

Shay AllenPosted
  • Philadelphia, PA
  • Posts 46
  • Votes 6
Hey guys im new looking to getting into commercial rentals i think i found a few deals here in philly as well as a few where most of you all are located in Cleveland but what im mostly stuck on right now is funding as well someone with experience especially since this will be my first commercial prop i would like to have someone who is experienced. Im only looking for 5-20 units with 95%+ occupied in a A or B neighborhood is this a good place to start? I feel like this is my sweet spot under the price of $1.5 mill Let get to talking BP do you know any good funders, or CPA's,