All Forum Posts by: Yitzchak Eliezer ben Chanan

Hi Colin,

Thank you for the advice. I am looking into private money now more seriously. Have a good day ahead.

Best,

YbC

Hello BiggerPockets!

I did not realize that there was a new member forum. It is great to introduce myself to like minded people. I am very interested in real estate and just starting out in the Philadelphia suburbs. I have posted a blog and added a few posts so far on the forums. I hope everyone has a productive week ahead.

Best,

YbC

Hello,

Is there a way I can finance my building's face lift in New Hope without taking a traditional loan?

I am interested in learning more about creative financing for this opportunity.

Best,

YbC

Hello,

I have a property that I am giving a face lift to (siding, new windows, partial roof, and new flooring. I am debating on taking a 2nd mortgage out or paying in cash to fix it. After the fix I want to put it on the market so I can pursue other real estate opportunities. The tenant in the apartment above the storefront is staying and the current tenant in the storefront's lease is up. I can cover my mortgage but are there other ways of financing this project without burning my cash reserves? Also, in terms of flooring for the storefront what material would be best in terms of money and quality? I appreciate any advice and guidance on the matter. 

Best,

YbC