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All Forum Posts by: Ariel Castillo

Ariel Castillo has started 3 posts and replied 25 times.

Post: 2 or 3 unit/ Single Room Occupancy (SRO)

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

Following this , I have the exact same issue. I have under contract a 10 Bedroom SFH(legal). Having issue finding financing.

Post: Wholesaler Fee and Hard Money Lender on a HUD Statement

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

Thanks , feels like I can only do deals till I run out of $10k to give them. 30k only 3 deals 😕

Post: Wholesaler Fee and Hard Money Lender on a HUD Statement

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

Thanks 

Post: Wholesaler Fee and Hard Money Lender on a HUD Statement

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

I see the assignment fee listed in POC paid out of Closing. I thought it was paid by the HML or whatever bank I'm using to close the deal. Paying the assignment fee ($10,000) every time I close a deal PLUS the closing cost can get very expensive and limit the amount of deals I can close.

Post: Wholesaler Fee and Hard Money Lender on a HUD Statement

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

Can someone share a HUD Closing(Of Course no personal info), I'm trying to compare my HUD statement. I used a Hard Money Lender with a Wholesaler. Issuing I'm having is the Assignment Fee and the money i need to bring to the table at closing.

Post: Section 8 Rentals in Essex county NJ

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

Thanks Greg,


I was hoping there was a website to get more info. 

Post: Section 8 Rentals in Essex county NJ

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

Hey Tahiv,

I'm locking up a property in East Orange, NJ and I'm looking to get section 8 tenants, do you know where I need to go to get the voucher info? Any info would help. ( Payment amounts, etc.)

In Philly, I had to take a class before getting the vouchers accepted 

Post: Good Rental Investment or House flipping in Philadelphia area?

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

@Nicky Lisewski hey do have a link for DIG and DPI ?

Post: West Philly investors

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

@Chandra Reid Hey, I’m also looking to purchase properties in west philly. Purchased one recently in the outskirts. Looking to get some more next month and 2020!

Post: So confused and nervous

Ariel Castillo
Posted
  • Rental Property Investor
  • New York, NY
  • Posts 27
  • Votes 6

@Troy S. Hey , can I get that info on GV / contractors ? I’m looking to purchase in philly and I rather be ready than purchase and start looking for one.