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All Forum Posts by: Andrew Ibarra

Andrew Ibarra has started 2 posts and replied 3 times.

Post: HELOC or DSCR cash out refi???

Andrew IbarraPosted
  • Investor
  • San Antonio, Tx
  • Posts 3
  • Votes 4

Hi everybody,

I would like to get opinions and recommendations from you on what to do next. 

Currently finishing up a AirBnB. The property has no mortgage just paying for insurance/utilities. The plan is to pay off some personal debt, file a lawsuit, and start a new flip or buy n hold.

Would it be better to do a DSCR cash out refi and let the property pay itself off/cash flow.

or

Should try to go for a HELOC (if possible) to continue my plan?

Thank you for your input!

Post: Investor Introduction/Network Post

Andrew IbarraPosted
  • Investor
  • San Antonio, Tx
  • Posts 3
  • Votes 4

Good day everybody! 

My name is Andrew Ibarra. I just separated from the Marine Corps last November to pursue Real Estate Investing full time (flipping, wholesaling, BRRRR) with the help of my wife. We've have teamed up to super charge our financial freedom!

My wife and I have really enjoyed the goals and dreams that Real Estate can provide and are looking to connect with other investors in San Antonio, Tx or Texas in general. Please feel free to reach out we would love to learn and shoot the **** with you.

Post: New San Antonio investor, Hi BP!

Andrew IbarraPosted
  • Investor
  • San Antonio, Tx
  • Posts 3
  • Votes 4

Hey Spencer, I also just started real estate investing in San Antonio. I actually just purchase my first flip last week. Still in the learning phase and having some difficulty, but we will get there. 

Maybe we can chat sometime.