All Forum Posts by: Jintu Philip

Anyone from/ invests in Austin? Is Killeen, TX a good place to invest in?

I got a deal from there for a Class C property.

Median income is $37,000 per year.

Dear @Taylor L.,

Oh yes.. Bullpen is a good resource. I also tried Upwork. Got some responses there also.

THanks,
jintu Philip

Is there someone who can do some underwriting for a multifamily property and create a pitch book/ Offer document (we can get the lawyer and any third party reports).

We are looking at having an extra pair of eyes on the deal documents and underwriting we are doing.

Also, once done the pitch book/ offer document should be made professionally..
Please do suggest agencies or consultants who could do this for me.

With a recession looming and sizing a lean organization..

How are you'all handling the situation! Like what are you keen on downsizing, reducing costs, canceling contracts..
Are you looking at pay cuts, asking for a reduction on the monthly bills, restructuring the recurring property costs? etc

I have cut down on a lot of support staff, IT server costs, halted any new projects, working with the maintenance team to restructure their contract and possible cost reduction on what I can get hold of. We managing RE investments with our partner in PA.

What should I look at? as managers of family units (to stay lean and whether this out)

I was curious to know how do I choose the right US partner for property financing to Investment in Multifamily and Commercial deals.

We are Non US investors planning to get into the GP partnership with our US Partner who will enable us to get the financing on the properties. 

1. What are the requirements of getting a traditional loan on Multifamily property? these loans are secured loans.
2. (related) What do the US Bank look for in 
   • the Deal / Property for considering us for the loan
   • the Borrower experience, networth or similar (secured loans)
   • what should we prepared for? in terms of documents,