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All Forum Posts by: Anil Bajnath

Anil Bajnath has started 5 posts and replied 7 times.

Post: Growing 1 Rental into 100’s

Anil BajnathPosted
  • Rental Property Investor
  • Queens, NY
  • Posts 8
  • Votes 3

I’m currently a beneficiary for a land trust in orlando florida, i recently had a tenant move in paying $1,250 per month. the house was bought out right no mortgage. according to credit karma my credit score is 746. how can i use my current rental properties equity to get another one and another one and another one. 20 years of age, started working on the books 7-8 months ago. credit history fairly new, filed taxes for the first time last tax season. what are my options?

Post: can i still get a loan?

Anil BajnathPosted
  • Rental Property Investor
  • Queens, NY
  • Posts 8
  • Votes 3

hey all. i have a paid off rental property in orlando FL. the property is in a land trust, my dad being the trustee and me being the  beneficiary. i want to possibly refinance or get a HELOC to purchase another property to "BRRRR". i'm 19 with "good" credit but i don't work on the books nor does my father. is it still possible to refinance or get a HELOC?

Post: Tenants avoiding me

Anil BajnathPosted
  • Rental Property Investor
  • Queens, NY
  • Posts 8
  • Votes 3

for some reason tenants stoped replying and paying rent at me and my fathers rental in orlando florida. my father usually deals with him but he’s getting kinda old and wants me to deal with it now. i tried calling them myself and left a a text. no answer what do ever. what do i do?

Post: Cash out refinance V.S Home equity loan

Anil BajnathPosted
  • Rental Property Investor
  • Queens, NY
  • Posts 8
  • Votes 3

@Ryan Allison thank you for your input. it means a lot.

Post: Cash out refinance V.S Home equity loan

Anil BajnathPosted
  • Rental Property Investor
  • Queens, NY
  • Posts 8
  • Votes 3

@Jacob Sampson thanks for your input, truly appreciated.

Post: Cash out refinance V.S Home equity loan

Anil BajnathPosted
  • Rental Property Investor
  • Queens, NY
  • Posts 8
  • Votes 3

hey all, i currently have a rental property out in orlando, FL. i’m looking to grow my portfolio and getting another property. my question is, which is the best way to do so. cash out refinance or home equity loan. the house is worth about $150,000 and is already paid off. i am 19 and my credit is “good”.

Post: paid off rental, itching to get another one!!

Anil BajnathPosted
  • Rental Property Investor
  • Queens, NY
  • Posts 8
  • Votes 3

got a single family rental out in Orlando FL paid in full and is generating cash flow. looking to get another one maybe something bigger this time like a 2-4 unit. need guidance