All Forum Posts by: Chad Duval
Chad Duval has started 9 posts and replied 94 times.
Post: Massachusetts Rental Investing
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
Build a network. Hustle. Take action.
Post: Difficulty of getting a loan in Morgantown WV
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
This may sound blunt, but only a bank can tell you if and how much you qualify for. Buying a multifamily may be your best option though. You can apply 75% of that income to your DTI.
Originally posted by @Cody Marchant:
Hi BiggerPockets, it's been a while.
My name is Cody and I am a young aspiring real estate investor. I found a great deal in my area but don't have the credit to move on it so I was looking for a list of investors around New Hampshire looking for any leads. Might as well network and make a couple dollars while I start on my journey, thank you all
Cody
Cody, can you post more details about the deal?
Post: Need a great Lawyer and CPA in Southern Massachusetts
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
Originally posted by @Matthew Forbes:
If anyone has any suggestions on terrific Real Estate attorney's in Southern MA I would appreciate it, I also need a solid CPA.
Thanks!
She's not in MA, but I've heard that Amanda Han is great. Check out Podcast 49.
Post: Underwater on a rental property in NY -- any ideas?
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
@Jamie Gruber how much principal is being paid down each month? If its $400 or more, I'd keep the house and use your Boston HELOC to double down on another property.
Post: Where do you invest? (San Francisco is insane)
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
Originally posted by @Aaron L.:
"it's not who you know, it's who knows you."
Love this piece of advice
Post: Member from Massachusetts
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
Welcome, @Navya Rajput!
Post: Any Renting out Condo's in Cambridge MA?
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
Yeah, I mean cash flow. I'd never buy for appreciation...
Post: Any Renting out Condo's in Cambridge MA?
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
I don't have experience, but I monitor this market a lot. t's extremely hard to find any piece a real estate near those campuses that actually works out financially.
Post: Can I add a legal rental unit in basement (Boston - Dorchester)?
- Rental Property Investor
- Boston
- Posts 103
- Votes 21
Originally posted by @Maureen F.:
Hi, I'm a newbie to this great community! Currently my son is buying a three unit house in Dorchester. The basement has a high ceiling, about 12 feet. The seller mentioned that at one time there was a unit down there, long before his ownership, although I don't see mention of it in the building permits. How hard would it be to get approval to develop a unit there? What are the criteria and process? I know you need two means of egress. Thanks for any and all thoughts!
If it's zoned as a multifamily, I'm sure there wont be any zoning issues. Does the property have a septic tank or sewer system? If you're going to be adding rooms, you may have to upgrade your septic tank. Not sure how it works with sewer though. I only have experience with this with single family homes... I would definitely email/call the Building Department of Dorchester though.