All Forum Posts by: Dhrupal Patel

(48 + 30) - 3 =75

@Basit Siddiqi

Thank you for your response. I get a decent cashflow of ~$500 keeping aside capex and PMI.hopefully Allentown has much to offer. What are your thoughts?

@Sunny Suh i got 3% APR no points 30 year loan with Bank of Omaha. I would definitely recommend them and i have found them with best rates so far. Fyi i have been investing in PA area.

Hello BP family,

i have closed a deal in Breinigsville(Allentown suburb)

townhome PP:$250,000, 25% down for 30 years, 3.25 APR, PIMI:$1196, Rent:1950. HOA and utilities is paid by tenants.

This deal doesn't satisfy 1% rule neither did i look for equity while buying it. i was only looking at cashflow and neighborhood. Does this seem like a good deal or I should up my game moving forward? what else should i be looking at/ what did i do wrong in this deal? any advice is highly appreciated.

congratulations and all the best for your future endeavors in REI.

Hi, i live and manage my properties in Lehigh valley. Feel free to reach out to me if anyone would like me to manage your property at affordable rates.

I have 3 properties in Allentown suburb in Breinigsville. Let me know if you want to know more about Breinigsville( great place to invest Btw- neighborhood with great school and close proximity to major landmarks)

@Steve K. What kind of homes you invest in reading? Does that involve Rehab at all?

Thanks for sharing your knowledge.

View report

*This link comes directly from our calculators, based on information input by the member who posted.