All Forum Posts by: Sam Bhattacharya

Hey Sam, sent you a private link to multifamily here in MD. There are over 40+ options at the <$225k price point given above.
Let me know if you need a change in the criteria.

Thank you for the link. Really helpful. I feel like there is a lot of potential in Baltimore, and it's only an hour from where I live.

1 Vote

I intend to have an attorney or title company prepare the note or deed of trust for the private loan.

1 Vote

Germantown, Maryland

Quote from @Jordan Woolf:

@Sam Bhattacharya I was discussing finding a private lender with my agent and come to find out she was looking to become a private lender.

Come to think of it, why can't your real estate agent BE your private lender if they have the funds?

Anyway, I've gotten a lot of good advice and help from a lot people in this thread. Thank you for that.

1 Vote

Germantown, Maryland

Quote from @David Yee:

Quote from @Zach Lemaster:

@David Yee

Are you asking if you should sell stocks now to have capital ready to invest vs potentially waiting to sell later when the market may be down? It's hard to say as there is so much that goes into this decision for each person. It depends what you bought the stocks for, what specific stocks you own, how those have been performing, what your portfolio diversity looks like, if this is in a retirement account, etc. I don't do any stock investing, but I can say that having cash on hand right now to be ready to purchase REI would absolutely be something I would advise.

Thank you Zach! I dont plan on selling stocks right but have stopped putting money into the stock market for the past few months and put it into a bank acct instead so I can access it for a rental purchase. Most of what I have are index funds tracking the s&p 500

The S&P 500 is in a bear market right now. It is more than 20% below the high that was reached in January of this year. If you think it will rally from this point and return to the previous high, then you may want to keep that money invested in the index fund.

0 Votes

San Diego, California

Quote from @Simon Ashbaugh:

@Sam Bhattacharya where are you looking? I can send you a list of private lenders in Columbus Ohio

Yes, I am looking at Columbus, Cleveland and other Ohio cities. I seem to like that state. Also, Baltimore which is closer to me.

I am native to the DC area.

2 Votes

Germantown, Maryland

Quote from @Jonathan R McLaughlin:

@Sam Bhattacharya to answer your question literally…no it is not common.

Why do you think that is? Do people think it is too risky to take out a private loan for a Brrrr, for example?

0 Votes

Germantown, Maryland

Quote from @Jack Seiden:

Quote from @Sam Bhattacharya:

I am looking to expand my rental property portfolio. I would like to use the help of private lenders to do this.

Is it common in the industry for realtors to help you find a private lender? Or is this something investors are expected to do themselves and bring to the table even before they begin?

A good agent should be able to provide you with their contact’s in the business. In fact that’s most of what an agents job is.

That is good to hear. One of the things that drew me to rental property investing is the potential scalability of it by using OPM.

I wasn't sure if private loans was some kind of a taboo topic that no one wanted to discuss too openly in the real estate business.

1 Vote

Germantown, Maryland

Double post

0 Votes

Germantown, Maryland

I am looking to expand my rental property portfolio. I would like to use the help of private lenders to do this.

Is it common in the industry for realtors to help you find a private lender? Or is this something investors are expected to do themselves and bring to the table even before they begin?

3 Votes

Germantown, Maryland

All Forum Posts by: Sam Bhattacharya

Sam Bhattacharya has started 7 posts and replied 49 times.

Post: Out of state investor help. What do I do? Durham area

Post: I am a newbie from Maryland, and want to say hi to you all. :-)

Post: Are realtors likely to help new investors seek out private loans?

Post: Are realtors likely to help new investors seek out private loans?

Post: Should I have cash on hand before investing in Real Estate?

Post: Are realtors likely to help new investors seek out private loans?

Post: Are realtors likely to help new investors seek out private loans?

Post: Are realtors likely to help new investors seek out private loans?

Post: Are realtors likely to help new investors seek out private loans?

Post: Are realtors likely to help new investors seek out private loans?