About Silverside Home Buyers
A local, Wilmington-based house-buying company, run by an owner you can actually call. Buying houses in Delaware since 2017.
Paras Turakhia
Founder, Silverside Home Buyers
Wilmington, Delaware · Salesianum School, Class of 2001
Meet Paras
I'm Paras Turakhia, founder of Silverside Home Buyers. The name comes from Silverside Road in the north Wilmington neighborhood where I'm based. I'm a Salesianum School graduate (Class of 2001). Today I buy, renovate, rent, and manage residential property across northern Delaware and the nearby Pennsylvania and Maryland suburbs.
I've worked in real estate operations since 2007. One project I'm proud of: a distressed 72-bed student housing property in Shippensburg, Pennsylvania. I helped raise the capital, managed the renovations and contractors, brought property management in-house, and filled the building. It sold for $2.15 million.
My work covers the whole life of a house: buying as-is, scoping and managing renovations, finding and managing tenants, and underwriting deals for rentals and resales. That's why I can offer more than one way to sell. I know what a house is worth fixed, what the repairs really cost, and what it will rent for.
When you call, you talk to me, not a national call center. I'll give you a written number, show you the math, and tell you if listing with an agent would net you more.
How does Silverside Home Buyers work?
- More than one option. Cash, Fix & List, seller financing, mortgage takeover, or cash with a rent-back. Compare them.
- Written offers with the math. After-repair value, repair estimate, costs, and margin.
- No pressure. No exploding offers. Take your time and get other opinions.
How do we make money on a house?
We buy below what a house would sell for fully renovated, do the work, and then rent it or resell it, sometimes with partners. Our margin is one line in the written offer you receive, next to the after-repair value and the repair budget. If that line is bigger than the value we add, an agent is the better route, and we'll say so. Real estate agents: here's how we work with you.
Silverside Home Buyers at a glance
| Owner | Paras Turakhia, founder · Salesianum School, Class of 2001 · in real estate operations since 2007 |
|---|---|
| In business | Buying houses in Delaware since 2017 |
| Based in | Wilmington, DE 19810 (Brandywine Hundred) |
| Where we buy | New Castle and Kent County, DE · Cecil County, MD · Delaware and Chester Counties, PA |
| Contact | (302) 525-0787 · info@silversidehomebuyers.com · Calls and texts answered 7 days a week, 9 am – 11 pm |
Where is Silverside Home Buyers located?
We're based in Brandywine Hundred, north Wilmington, and we come to you for the walkthrough. Closings are held at a licensed Delaware settlement attorney's office, where you can sign in person if you prefer. Contact details and map →
Recent projects
72-bed student housing turnaround
Shippensburg, PA
Helped raise capital covering 80% of the project, managed value-add renovations with contractors and borough approvals, brought property management in-house, and ran a furnished show unit as a short-term rental between leases.
Occupancy and NOI up; sold for $2.15 million (Raider House Apartments, 24 units).
Condo renovation
Wilmington, DE
Full interior renovation and professional listing photos.
Renovated and placed with a long-term tenant.
New three-bedroom rental
Wilmington, DE (19810)
Brought a brand-new three-bedroom home to market as a rental.
Leased to a long-term tenant.
Talk to our team directly
Call or text. You'll get a straight answer and a written number.
Get My Written Offer Call (302) 525-0787