We are evaluating investing in a couple of Brewerytown, Philly 3 unit shell properties.

We prefer non judicial states south of the Mason Dixon line, though we are branching out to some other Yankee states since notes are getting harder to find! 

Although we are on opposite ends of the county, feel free to reach out if you ever want to get together to talk about investing (or how California still might tax you for out of state investments).

Now we are sitting and waiting for multi-family deals which are starting to pop up once again.

We are doing a full digital launch towards the end of the month, but we've been doing loans in "stealth mode" for a while now. 

This lot will support 2,800 buildable square feet so we are looking a building a main house then an ADU (Additional Dwelling Unit).  

4 Months and we are still looking for our first deal.  

We are currently working on a 150 door multi family in PA.

@William Collins we are meeting at Sliders in Southington this Wed at 630 pm.  1219 S Main St, Plantsville, CT 06479Hope to see you there.Dave

Hi all,Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.Here is what I see as potential +’s and -‘s:+ increase cash flow by removing mortgages (so more passive income)+ opportunity to sell underperforming assets- less assets under management (so less potential equity appreciation)- taxable gains (will not redeploy into RE as my sense is we are near the top of the market)- 30 year fixed mortgages in place at low 4-handle rates (based on simple bond math, the value of my liability is shrinking on a relative basis as rates rise)Other facts relevant to my situation:* RE is but just one asset in my portfolio (and I’m fine with that); cash flow and appreciation are great, but I’m looking at the asset class as more of a long term hedge against inflation * not looking to leave my day job and / or replace W-2 income entirely with passive income * don’t need the cash flows from RE; again, I see the asset as a levered inflation-hedging play