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All Forum Posts by: Skip Dell

Skip Dell has started 12 posts and replied 62 times.

Post: Affordable Fourplex with Great Financials

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19

Please send info on this property as well.. Thanks.. Skip

[email protected]

Post: 85k Fourplex with Strong Cashflow

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19

Good afternoon.. Could you send me some more detailed information.. What is landlord responsible for.. Taxes water/sewer.. email to..   [email protected] 

Post: Is This a Good First investment Property?

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19
what are your monthly cost for the gas, water and trash ? plus what is your quarterly sewer cost ?

Post: Cash Tenant, No E-mail (Crazy...)! Rent payment options help!

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19
my business account is with Bank of America.. they have visa deposit only debit cards.. it can only make deposits and it will post right to your business account

Post: Reverse Mortgage, Single Family

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19
it is a mortgage, but in reverse.. the interest is added to the loan each month.. so instead of his mortgage balance going down, it increases every year.. it will all depend on what the original number the back put on the house at the time of the loan, and how long he's been in this program.

Post: Tenants depositing rent into your account

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19

I use Bank of America .. and I give my tenants Deposit only card that go right into my business account.. Each tenants card number is different.. so it easy to keep track of who pays.. even if you have multiple tenants with the same monthly rent.. 

Post: Anyone know a good insurance broker in Southern New Jersey

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19
get.. I'll give him a call.. thanks.

Post: Anyone know a good insurance broker in Southern New Jersey

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19
Does anyone know a good insurance broker in the South New Jersey area ? I'm buying a triplex, but the quotes seem kinda high .. this will be bought in my LLC name , not personal..

Post: Suggestions for Appying for a Line of Credit

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19

I agree.. and I can only use the line for 24 months..

Post: Suggestions for Appying for a Line of Credit

Skip Dell
Pro Member
Posted
  • Investor
  • Vineland, NJ
  • Posts 69
  • Votes 19

Hi BP family.. Its been a while since my last post.. I just got approved for a 1M LOC from CoreVest.. But they want to charge me a 1% processing fee..  I think shelling out 10K for a 1M LOC is kind of steep.. Does anyone know a good financial company that has a better deal than that ?  I'm looking for a company that can fund quickly.. 7 to 10 days preferably.. any suggestions ?