All Forum Posts by: William Kusznir

@Jay Dewberry 

@John Leavelle

I haven't been in the property yet.  I'ma contractor myself and have a good idea of what it'll take to get the house up to par minus any major structural repair.  If that's the case I'll steer clear.

I looked up some HML numbers and one offered 9 1/2% and 1.75 points. I don't completely understand the points. Is that a good offer or an average one?

It is a distressed property and the ARV is 80-85K. I tried to pull up the analysis from the BRRRR calc but i can't since I'm not a pro member. It wasn't saved.

I'm looking at a property that's listed at 35,000. I'm sure it needs work but I'm trying to figure out the numbers and need help. I'd like to use hard money to buy and rehab the house then refinance it to pay back the hard money. I used the BRRRR calc and Don't really know what I'm looking at. Is there anyone out there that can help me out. Thanks

Joe White Thanks for the advice. I was thinking the same. That the cash flow would be great to set aside as capitol for another property. Do you know how I'd find out how the house is zoned or if there are requirement per occupant?

Hello everyone!!  

I have a question about occupancy limitations.  I'm thinking about opening a boarding house.  I know what most of you are probably thinking.  "That's not a great idea!"  I thinking opening a house like that would be just like hacking.  I'll live in one of the rooms and rent out the others to random people.  So here is my question.... Are there any limitations as to how many people I could rent rooms to in my house?  I live in Philadelphia, PA and chance are that's where I'll buy the house.  Any advice is greatly appreciated.  Thanks

Investing in different markets will have different cost. Buying investment properties in Maine may differ greatly in price then say Philadelphia or New York. First consider what markets you can afford to get into. I'd start with that info then go from there.