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Stacy Gilman Private Money Financing in Central Massachusetts

14 November 2016 | 10 replies

@Stacy GilmanHave you checked out the Black Diamond meetings in Worcester?

Will M. $0 to $1,000 per month in six months - Doable?

2 March 2015 | 6 replies

Not sure if there are diamonds in the rough but I'm going to find out.So, all that said, is the goal of $0 to $1K per month in six months doable?

Jim Mitchell New to Bigger Pockets

1 September 2016 | 22 replies

I personal favorite is the Black Diamond meeting in Waltham (Alternates every month with their Worcester location, next Waltham one is July) and they draw well from both sides of the city so you can make NH and Cape connections there.

Kevin Cardinale Is this a good cash flow Deal for my Investor? And, can I make money selling it to him?

16 October 2011 | 9 replies

While, there may be distressed properties not vandalized, that might also have a good price, they are diamonds in the rough.What is nice about this property though, is although it might not be super profitable, it will be easy to just walk into, with a renter already in place.

Thomas Brady Small apartment building. Good buy?

6 October 2015 | 5 replies

Hey Everyone, I have been working with an investor trying to find a good rental property to go in on and I think I might have found a diamond in the rough.Here it is: Asking $582,00012 unit 3/2 apartment buildingAll units rent at 900/month so $10,800 monthly or $129,600 gross yearly profit 20% ($116,400) down at 4.1% over 30 years = $2,250 mortgage per month 50% rule deducts $5,400 Total costs: $7,650/month which leaves $3150 net profit per month or $37,800/year COC return: $37,800/$116,400 = 32.47%These numbers look very strong to me, but once again I would like the eyes of seasoned investors to look them over an see if there is anything I missed.

Patrick Diamond Help! Creative funding ideas for a Bed & Breakfast property?

9 December 2015 | 4 replies

@Patrick Diamond, I don't know if this doable (legally), but if your plan is to eventually buy other properties to rehab and sell to people who'd like to own a vacation rental where you (ideally) manage the property, could you put out feelers for those people now, having them invest in the first house with an agreement that when it's refinanced their investment (plus interest) will be used to buy their own?