All Forum Posts by: Vi Tran

I own a Duplex In upper Darby PA. It’s a great location to buy and hold and rent. The property taxes are a bit high but I made up for it with rental increase and minimal updates. One thing is upper darby Varys block by block so definitely scope out where your buying cause some parts are worse then others. What caught my interest about upper darby is the demographics and there’s not so many run down homes and abandoned homes as there are in parts of Philly that have the same price (we bought it for $215k). Also many of the duplexes we were looking at in Philly in that were in the $215k price range were illegal duplexes.

I just did a flip in Sharon hill too we like that area. (1550 Lincoln avenue).

Another thing to note is Darby and upper Darby are completely different. I’m not a fan of darby but I would invest in upper darby. do your due diligence!

Feel free to connect anytime! Best of luck.

Do you really think upper Darby is a great investment area? I have a triplex in upper Darby and looking to add more to my rental portfolio. But the only problem is I don't see any appreciation value in UD

0 Votes

Philadelphia, Pennsylvania

Thank you. I figured that. So cash out refinance is my only option

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Philadelphia, Pennsylvania

Hello

I am trying to take out HELOC to buy some additional property. However, i do have a second mortgage due because i took forbearance back in 2021. Do you guy know if i have to payoff the 2nd lien in order to take out an heloc. Even if the heloc mature before my first mortgage is mature?

0 Votes

Philadelphia, Pennsylvania

All Forum Posts by: Vi Tran

Vi Tran has started 1 posts and replied 3 times.

Post: Chichester, Sharon Hill, Darby, PA ?good market? or no

Post: HELOC for investment propery

Post: HELOC for investment propery