All Forum Posts by: Anil Samuel
Anil Samuel has started 59 posts and replied 561 times.
Post: 2nd FL Rental Property - LESSONS LEARNED
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
even if it's a bank?
Post: 2nd FL Rental Property - LESSONS LEARNED
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
I usually get that to work on my laptop, way more difficult on my cell phone for some reason.
Post: HUD Wholesale Bidding Strategy
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
@Haider Zaman my apologies for misunderstanding your question. I really wanted to say if the value of the property was 100k offer 95k. I am still learning about buying HUD homes in my area.
Post: New investment in LLC, mortgage company says possible call in of loan.
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
You can purchase an umbrella policy for pretty cheap if you are worried about liability. If you are trying to finance via an LLC, that's adds a whole level of complexity to financing that I have been trying to figure out for a while. I called a bank two days ago and they allow current members to buy houses in a LLC but not new members. Apparently they are getting out of that business . I would keep calling multiple small community banks and see what happens, it's a process.
Post: Purchasers must apply for and be approved to reside within our Community
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
I think there a big difference between a mobile in a park and outside a park. To me when it's in a park it's almost as if there is an HOA or application process where the board has to like you or approve you somehow.
Post: Hello to all biggerpockets members in Florida
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
Welcome and check out these links:
Post: My path as an investor
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
How are you getting funds for down payments? What is your marketing budget to establish a strong pipeline of deals?
Post: 2nd FL Rental Property - LESSONS LEARNED
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
@ Walt Payne Do you have to get food insurance in Palm Bay?
@James Shaw Welcome! How are you managing your rentals down there? Aren't there any good deals in PA? I hear it's cheap up there, but I'm guessing you don't get the rents you want or need?
It would be fun to all meet up and talk about investing in FL remotely and where you see the future of the house market and economic recovery headed down there. The cheap supply of houses in my area is quickly dwindling.
Post: One bedroom unit mix
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
Are the Multifamily properties in the area 1 bedroom? Have you determined the market for one bedrooms there? What do you expect to be rents to be? Maybe you convince him with dorm simple cast flow numbers based on the purchae price .
Post: Reference for Hard Money or Private Lenders
- Investor
- Baltimore, MD
- Posts 605
- Votes 103
check out this link: