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Updated about 6 years ago on . Most recent reply

User Stats

212
Posts
183
Votes
Scott Anderson
  • Rental Property Investor
  • Arizona
183
Votes |
212
Posts

HELOC and cashflow target

Scott Anderson
  • Rental Property Investor
  • Arizona
Posted

My financing is a 20% HELOC down and 80% conventional loan for 100% financing in AZ.

Do I hope to cashflow based off this as-is or do I need to think more about cashflow when heloc is paid off? (2 years most likely).

Looking out of state it seems easy to cashflow, but it will be a serious struggle here.

i see wholesalers wanting hard earnest money which I’m not willing to do to get a deal.

Do I need to adjust my thinking?

What is realistic?

Most Popular Reply

User Stats

212
Posts
183
Votes
Scott Anderson
  • Rental Property Investor
  • Arizona
183
Votes |
212
Posts
Scott Anderson
  • Rental Property Investor
  • Arizona
Replied

@Anthony R.

I am the PM for now.

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