All Forum Posts by: Abdul King

Hey BP, I’m going to use the BRRRR method to buy a multi family property. I’m using 20K cash and hard money. When I go to refi the property after I rehab and rent it, what are the requirements that I need to have refi the property? Are there the same requirements as if I’m getting s traditional mortgage? Do I need to have a certain credit score or income? Please help and thanks in advance!

@Seth Parmelee I like the idea around college campuses, thanks

Hey BP I’m an investor in Philadelphia, PA. I am interested in buying multifamily properties outside of Philly. What are some key things that I need to look for while searching for another market to invest in? Are population growth and unemployment rate the main two or there is more information I need to do homework on before investing in another market?

Whats up BP, I'm currently looking to buy a triplex for around 150,000-170,000 in Philadelphia, PA. My credit score is a 625 and I have $7,000 cash to put down for the property. Does anyone know a lender that can help me get approved for the loan?

@Dave Van Horn ok thanks!

I'm looking to invest in Point breeze, grays ferry, fish town, northern liberties, west oak lane, and Brewerytown

Hey BP, I'm looking for a real estate agent who can help me find a good deal for a fix and flip in the Philadelphia area. Does anyone have any recommendations for agents in the Philadelphia tristate area?

Can a free member use the BP calculator?

Hi BP, I'm looking at multifamily properties on the MLS that are 3-4 units. I'm planning on using a FHA loan to get the deal. How do I know I have a good deal on a property or not? Do I use the same steps/ criteria to find a 3 or 4 unit property that I would to find a 5+ commercial real estate deal? I've seen blogs and videos on buying multi-families but they all were specific for commercial real estate deals

Thank you all, I will use these methods