All Forum Posts by: Skip Dell

@Thomas Enright ..They accepted an offer on a triplexe, short sale.. it was the beginning of November and I finally closed the end of June.. very aggravating definitely worth the wait...lol

Yes I agree with Colleen.. Just call your bank and see if there offer this service. Then just give them  the information for each tenant..

Yes I have a local lender that's very good. I can email his contact information

@Alex Kenny congratulations Alex.. your thinking is on the right track for such a young age. I would definitely look into a duplex or triplex or even a quad.. If you go FHA you only need 3.5% down.. rent out the others and then after a year.. you can rent out the one your staying in if you wanted.. and find another primary residence.. Good luck.

@Richard B. Hill.. Hi Richard. I'm a buy and hold investor in South Jersey as well.. feel free to reach out anytime

@Andy Castle Hi Andy, I'm mainly in the Cumberland county area. Feel free to reach out anytime

@Albert Kim sounds about right.. I'm paying a little over 1400 for my triplex

@James W. After lease expires.. it automatically turns into month to month. If not renewed..

@Ronald Cooperman thanks for the information, What is his fee ?

@Aaron Thivierge I didn't see any percentage for Capex.. What kind of shape is it in ?