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All Forum Posts by: Eric Goldman

Eric Goldman has started 1 posts and replied 345 times.

Post: Can I Buy Multifamily Property w/ No Jobs - income

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

dscr loans all the way. as long as you have the dough and its income producing you can get a mortgage on it!

Post: What are your thoughts on buying a property built in the 1940s as a newbie investor?

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

bring a contractor with you or have it inspected! CYA. 

Post: Does each LLC have different EIN?

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

you need an EIN for each LLC get with a tax professional that understands what you are doing!

Post: Finding a local investment group meetup.

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

meetup.com or event bright, also facebook!!!

Post: Learning to Invest as a Contractor

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

Welcome to BP! 

Post: Real Estate Attorney (DFW)

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

Welcome to BP! 

Post: Can I bring a contractor when viewing houses on MLS?

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

Having a team is key. I always bring my friend who is a contractor. 

Post: Bought my First BRRRR, having some difficulty finding a lender

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

its always good to get your out squared away before..... smaller local banks will be your best bet.

Post: What percentage down payment should I have to BRRRR?

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

so if you are BRRRRing typically investors start with a bridge loan for the purchase and rehab, typically 20+% after all costs.

Post: Greetings from Philly! Lets connect!

Eric Goldman
Posted
  • Lender
  • Pennsylvania
  • Posts 356
  • Votes 190

Welcome to BP! Go birds.