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All Forum Posts by: Irfan Raza

Irfan Raza has started 26 posts and replied 195 times.

Post: Philadelphia- Brewerytown Property For Sale

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

Your chance to purchase in the hottest neighborhood in Philadelphia.  For more details join our buyers list. http://propertybuyerconnect.com/investors.html.  

Post: BRRRR in Scranton PA?

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

@Adam Guiffrida just having separate meters in Philly does not allow you to be grand-fathered in, in my experience.  I can see how that may be applicable to other municipalities.  @Jon Graboyes I think you definitely are lucky that the property is zoned RM1.  It makes it a much easier process than having single family zoning, which would likely require you to go through the zoning board.  

Post: Can anyone recommend a Real Estate Attorney from Philadelphia?

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

@Zev Dobuler what specifically are you looking for in an attorney?  I have used a few each with different specialties.  

Post: Starting out and need advice!!

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

@Shawn Ward That's a great way to help people start out.  I have done it a few times, but I would say that the amount is too low for a reputable investor to accept and want to do that.  @Justin Lee I would suggest try to get a bit more money from your network.  I think that would def help. 

Post: Philadelphia multi family investing

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

http://propertybuyerconnect.com/investors.html

Join our wholesalers list, we just sent out a Triplex.  We only deal with buyers that are quick to make decisions and ready to pull the trigger.  If you are a buyer that is "thinking" of investing or trying to learn, we can refer out to agents as well. Most of our deals are for the buy and hold investors. Philly only.

Post: BRRRR in Scranton PA?

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

Many areas of West Philly the ARVs are not that great, but the cash flow is. West Philly is a big place that breaks down in several neighborhoods. We have been able to successfully BRRRR in West Philly but the ARV can often play an issue in getting all money back.

Post: Off-market deals in Philly, MontCo, DelCo, Bucks

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

http://propertybuyerconnect.com/investors.html off market deals in philly only

Post: Title Company Referral in the Greater Philly Area

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

@Ayodeji Kuponiyi I have found the standard rate to be $150 in Philly.  

Post: Off-Market Deals - Can you get a mortgage?

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

http://propertybuyerconnect.com/investors.html Also you can join here for philly off market deals.

Post: Off-Market Deals - Can you get a mortgage?

Irfan Raza
Posted
  • Accountant
  • New Jersey
  • Posts 210
  • Votes 167

@Nina Ricci The other problem that comes into play is the assignment money due.  Lenders are most likely not going to use that as part of the mortgageable amount.  So you will need enough cash to close the deal and also pay the assignment fee, in addition to competing with cash buyers.