New member introduction

[Diana Tibor]

I'm brand new to Bigger Pockets and REI. I currently own one buy and hold rental property (in addition to my personal residence that I own) and I am pursuing my Real estate Associates License (taking the test the first week in July). I have done tons of research and am ready to jump right in with BRRRR, utilizing the large amount of equity I have in my buy and hold property.

I am looking to use a Heloc (about 120k) to purchase a home AND rehab it, rent it, refi (but only for the amount I took from heloc), pay off heloc, and start all over. Looking for recommendations on types of financial institutions that are heloc and refi friendly. My thought is I wont be trying to refinance for market ARV as in the BRRRR method, because I won't need the extra miney to buy my next BRRRR as I can reuse the Heloc. Wondering if anykne has experience or recommendations in this specific area.

I am so excited to start this chapter of my life and look forward to all the knowledge and cennection I will make at bigger pockets. My 9-5 is Public Relations Manager for a property and casualty (homeowners and commercial) insurance company located in central florida. I have knowledge and experience to share with everyone, so shoot me your questions!