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Updated almost 7 years ago on . Most recent reply

Jonathan Edmond's profile image
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Jonathan Edmond
  • from Pompano Beach, Florida
  • Member since Jul 26, 2016
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Jonathan Edmond
  • from Pompano Beach, Florida
  • Member since Jul 26, 2016
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Jonathan Edmond
  • Pompano Beach, FL
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Rehabbing & House Flipping

First timer with a need to know basis.. need help

Jonathan Edmond
  • Pompano Beach, FL
Posted
I bought a home for 118,000 in 2010, it now Zestimates at 226,000. I owe like 77,000. I’m new to this..What should or can I do to get on the road to success like you guys. Any suggestions? Like I mentioned I’m new to this but would truly love to start somewhere? Should I get a HELOC, refinance, or what are other options?
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Christopher B.'s profile image
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Christopher B.
  • Rental Property Investor
  • from Knoxville, TN
  • Member since May 4, 2011
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Christopher B.
  • Rental Property Investor
  • from Knoxville, TN
  • Member since May 4, 2011
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Christopher B.
  • Rental Property Investor
  • Knoxville, TN
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Christopher B.
  • Rental Property Investor
  • Knoxville, TN
Replied

Your interest rate should already be low. HELOC and buy a property. BRRR. Pay HELOC back. Buy another property. BRRRR. Pay HELOC back.. repeat

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