All Forum Posts by: Alexandria Nicole Salgado

Hi,

Anyone familiar with Mount Carmel, PA as an LTR market?

Hi, would you be able to tell me how you were able to transfer your ticket over to someone?

I’m looking for 2 tickets! 

Is anyone selling 2 BPCON tickets? 

Please reach out. 

I found a lender who will give me a HELOC for my 2nd home with a variable interest rate of 8.25%. I can access about 150k at 95% LTV. I don't have a primary so this is the only option I've found after calling many banks.

Any ideas on what I can do with a HELOC of this amount with that high of a rate?
 
Currently, I only have one property which is an STR. My goal is to scale fast so I can quit my W-2.

Thanks! 

@Ronald Allen Barney thanks! Makes sense. I’ll start doing some deal analysis and check out some BP episodes on this topic.

I'm interested in purchasing an STR in the Smokey Mountains for the lowest purchase price possible. I'm thinking somewhere in the 400k range might be my max budget. I'm interested in doing a vacation home loan with 10% down. I'm short on cash when factoring in closing costs. I understand there are also start up costs which I'm comfortable funding with credit cards. I have zero debt. I have a current 401K, old 401k from a previous employer & an ESOP. Any thoughts on tapping into my ESOP? Or should I wait to save up enough cash?

@Wayne Brooks thanks, good one. I didn’t think of that! 

thanks, @Brandon Rush makes sense!