All Forum Posts by: Ouss El Guennouni

Hey BP members 

  Iv loaned out money before for a brrr situation. Now looking to barrow money myself and do the same concept. I have found the loan, what is the next step? Do i go find the home or do i contact a title company? Not exactly sure where to start.  This will be taking place in Maryland. 

 Thanks!

  I currently do not manage any sec 8 tenants as this will be my first run with sec 8 tenants but will keep you updated on my experience. I plan on using my PM to handle the sec 8 tenants. 

I was a hard money lender on one baltimore property last year and it went well. I decided to do one on my own. Purchased the property 3 months ago through a associate. After closing it cost me roughly 35k. One unit is already rented out working on fixing the downstairs unit and making it section 8. I can shoot you over some deals in the baltimore area if you would like

@Tim Youse Thanks for the reply. I was referred to and using All Reliable Contracting LLC. Have you head of them before? Any suggestions on how to stay on top of my PM or what i need t know?

  Thanks

Hey all 

  Just purchased my first fix and hold property in Baltimore Md.. It is a 2 unit house currently with 1 tenent (non section 8). I have hired a property manager who's company also does construction. Which i have started the rehab with. I plan on fully rehabbing the home and placing section 8 tenants in both units. I have read many fourms on this page. So i have a general idea of what to expect. Any feedback or comments would be greatly appreciated !