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All Forum Posts by: Arnold B. Guerrero

Arnold B. Guerrero has started 8 posts and replied 24 times.

Post: Is ot possible to bundle multiple properties in HELOC

Arnold B. GuerreroPosted
  • Rental Property Investor
  • Sacramento, CA
  • Posts 27
  • Votes 8

Thank you Ned, i'll be sure to ask about the business loan/ LOC. Great information.

Post: Is ot possible to bundle multiple properties in HELOC

Arnold B. GuerreroPosted
  • Rental Property Investor
  • Sacramento, CA
  • Posts 27
  • Votes 8

Awesome! I will check with my local banks and will let you know how it goes. Thank you for your advice. 

Post: Is ot possible to bundle multiple properties in HELOC

Arnold B. GuerreroPosted
  • Rental Property Investor
  • Sacramento, CA
  • Posts 27
  • Votes 8
Good Evening everyone, Is it possible to bundle properties for a HELOC? My bank tells me they don’t know of any bank that does this. I have two properties in Cali that have about $170k in equity. THAT I LIKE TO USE TO REINVEST. I also have one in Milwaukee that after ARV will be about $60k. I bought it at $28k and repairs $14k All in at $42K after refI 75% of equity would be $45k. WITH A PROFIT OF $2K + PROPERTY AND CASH FLOW. BUT, IF THE VALUE IS LESS, THE LENDERS WONT REFI UNDER $45K. THIS WOULD Be THE BRRR Method. IS ANY OF THIS TRUE OR SHOULD I KEEP LOOKING? Any Advice or Recommendation Would be appreciated. THANK YOU.

Post: Milwaukee property management

Arnold B. GuerreroPosted
  • Rental Property Investor
  • Sacramento, CA
  • Posts 27
  • Votes 8
Good morning BP family, Does anyone know of any property management company in W Mineral, Milwaukee, WI that will take a new client. I have a duplex (2) unit That I am in the middle of closing. The property management company that was going to help me just stoped answering my calls. I am from California so I will need a property management company. The lender tells me I need one before we close. I am looking to perches 2 or (3) properties a year there or if I get an opportunity apartment complex.