All Forum Posts by: Marlon Long

@Account Closed thanks for the feedback. My gut is telling me that I don't want to go the whole route of the variance just because i think that will just add alot of time to the project. But I will definite research the prop with atlas.

Thanks, BP is pretty dope.

I need help Philly Rehabbers!!!! BP is the best forum to find out the answer to my time-sensitive question. I am under contract with a property in Point Breeze.  It has great flip potential, but not without the a 3rd story. 

Here's the dilemma, the home is attached between 2 to 2-story homes, I looked up the zoning for this property and its RSA-5. I have heard that you cannot build a 3rd story straight up that doesn't match the 2 homes on each side. The requirement is that the 3rd floor set back a minimum of 8' in the front.  

Has anyone else had experience in adding this additional level? any suggestions on contractors and the like. Any advice or feedback would be greatly appreciated.

Thanks in advance,

Marlon

Im interested in what the ARV the turn-key company is advertising. with the refinance, do you expect that that NOI will still cover the debt service and provide enough cash flow?

I am looking for a contractor in Philadelphia for a few fix and flip deals I want to put a bid on. How have you guys gone about locating good contractors? any tips or tricks to locating and interviewing contractors in your areas?

Regards,
Marlon Long

Welcome @Elijah Barrad BP is such a great forum for ALL aspects of Real Estate.  I have been a member for about 6monts and the wealth of knowledge and connections that I have gained in this relatively short period of time is amazing! Cheers to much success in your endeavors.

Thanks everyone. My realtor for my home mentioned DIG as well, but I assumed that was just for investors closer to Philly.  I'll look into this. @Ryan Craig @Josh Caldwell @Steve Babiak

New investor looking to attend any real estate investor meetings/meet ups in and around Chester Springs, PA. Exton, Downingtown, Malvern, etc.

Regards,

Marlon Long

Very nice rehab. Congratulations. Newbie investor myself, the 1st deal stories are all inspiring.

Thanks @Peter Mckernan, @Joseph Scorese, @Mike B. for the great feedback. All valuable information. much appreciated.