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All Forum Posts by: Simon Yosepov

Simon Yosepov has started 4 posts and replied 6 times.

Post: Investing in Reading,PA

Simon YosepovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 7
  • Votes 2

thanks for your advice 

Post: Recommendation for Commercial lenders in PA?

Simon YosepovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 7
  • Votes 2
Hi guys , I'm looking for lenders in Pennsylvania who can lend me up to 100k in normal interest rates , anyone know anything about this companies?

Post: Should I Invest in Reading,PA?

Simon YosepovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 7
  • Votes 2
Hi guys , I found a good deal in Reading PA 5 units multi family with a 12% cap rate after loan, I'm sure there is have something bad if the seller offer this kind. Whst you guys thinking about the area?

Post: Commercial loan in Pennsylvania first deal

Simon YosepovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 7
  • Votes 2
@Greg Downey thank you , do you have any strong brokers in the area?

Post: Commercial loan in Pennsylvania first deal

Simon YosepovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 7
  • Votes 2
Hi Biggerpockets I'm planning to purchase 5 units property in Reading,PA or Philadelphia,PA in the next 2,3 months. I have 2 options that I'm still thinking which one will be the best for me , now I'm in a place where I got confused, where I dont know how to find the best loan that I can get. My question is , how I can find a good lender in the Area? What lenders will you recommend me to check with them in Pennsylvania? Any suggestions? Thank you.

Post: Investing in Reading,PA

Simon YosepovPosted
  • Rental Property Investor
  • Philadelphia, PA
  • Posts 7
  • Votes 2
Hi everyone, I'm new to BiggerPockets so first of all nice to meet all of you guys and thanks for the help. I'm planning to purchase in the next month 5 units property in Reading,PA , I see there a lot of potential for a great Cash Flow without appreciation , I found a good deal with 13% Cap rate after Mortgage. It's a little bit scary to see that kind of deal , I know Reading,PA isn't the best place to live in and there is no have any appreciation and the tenants can be hard sometimes. But I want to know from pros what you guys thinking about the Reading Area? Should I invest in that kind of.deal over there? I live an hour from the property.