Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Paolo Nascimbeni

Paolo Nascimbeni has started 6 posts and replied 37 times.

Post: New Member from Rockville, Maryland

Paolo NascimbeniPosted
  • Realtor
  • Derwood, MD
  • Posts 38
  • Votes 4
Originally posted by @Sam Lin:

@Paolo Nascimbeni Welcome Paolo! Any specific reason why you're moving away from single family homes?

 Well I bought an office in a condominium - The tenant decided to stay  and I really like the fact that  the condo takes care of the outside and all I have to take care is the bathroom ( there is no kitchen )  - So unless the toilet breaks it is maintenance free. On the low side however if I loose the tenant it might take a very long time to rent again.

Post: New Member from Rockville, Maryland

Paolo NascimbeniPosted
  • Realtor
  • Derwood, MD
  • Posts 38
  • Votes 4

Thanks !

 I think Costar is even more expensive than Loopnet.

 I thought of getting a CCIM designation but what stopped me is that I would need 20 deals or so in Commercial to become  CCIM certfied ( at least that is what I read 1 year ago ) -     Anyway I will keep on investigating on search for commercial properties.   

Post: New Member from Rockville, Maryland

Paolo NascimbeniPosted
  • Realtor
  • Derwood, MD
  • Posts 38
  • Votes 4

Hi I am a new member from Rockville MD.  I have been investing in single family homes but I think it is time I switch to something else.   I also am a realtor so I have been looking on MRIS for commercial properties but they do not offer much. Also  I would like to look on loopnet but their monthly fee sees to be $250 a month just to browse.  Is there any other way to search for commercial properties ? Anything here in BiggerPockets ?

Post: Land equity?

Paolo NascimbeniPosted
  • Realtor
  • Derwood, MD
  • Posts 38
  • Votes 4

PS  If you search for "raw land loan" you should be able to find some info.  

Post: Land equity?

Paolo NascimbeniPosted
  • Realtor
  • Derwood, MD
  • Posts 38
  • Votes 4

As far as I know they do not give home equity lines even on fully build homes unless it is your primary residence.  I did manage to buy in cash however ( using my home equity line ) and then was able to refinance after the property was  fixed up to lender standards.   When I asked maybe 10 years ago they would give a mortgage on a land as long as we had a plan to build a house within a year with an approved contractor but I am not sure the guideline are still the same.   

Recently I had applicant showing me their Credit Karma Free credit report. I think that is quite acceptable as a pre screening.    I would screen myself however the selected choice.   

Post: Gaithersburg, MD Meeting?

Paolo NascimbeniPosted
  • Realtor
  • Derwood, MD
  • Posts 38
  • Votes 4

I just joined BP and just found this. I too am interested in having a MoCo meeting.

1 2 3 4