All Forum Posts by: Audrey Easton

Hello Everyone!

I bought my first house a year ago and I have been house hacking by renting the two extra bedrooms on AIRBNB. I have gotten some advice that it would be a good time to get a HELOC on the property before the market crashes. I don't quite have enough saved up yet to buy my next property comfortably but I would like to have access to re-use the large downpayment I put into this house when I buy my next property in a year or so.

I would love any advice about HELOC vs Cash Out Refi (I'm leaning towards HELOC). And how to find a good bank to do the HELOC. I don't know what questions to ask or if I'm allowed to not use the credit with out penalty. The two companies I have talked to are BofA and Figure.

Thank you so much for your help!

Audrey 

Hello everyone!

I am looking to buy my first house! I live in the Atlanta area and I am planning on doing a house hack to help me get started investing. I understand that I can probably get an FHA loan since it is my first house and I have good credit. However I did just switch careers so I might be getting a family member to co-sign with me. I don't really know where to start looking for lenders or how to find someone I can trust. Any advice would be appreciated!

Thank you!

Hello Everyone!

My name is Audrey Easton and I am looking to get into real estate investing to create some passive income. A quick overview of my background: I have a degree in Neuroscience from Emory University, decided writing grants all day trying to get money to fun my research wasn't for me, so I continued bartending after college and freelancing in the Atlanta film industry. I discovered ballroom dance a few years ago and spend a lot of time training for competitions (pre COVID). COVID hugely affected all of my industries so I took that time to reevaluate my life. I left bartending, spent more time dancing and started studying for my RE license (I have not finished)! I'm currently working on my first union film set and finally making some good money from my passion. Studying for my RE license got me learning about real estate in general and I realized all the opportunity I was missing out on. 

I am in the process of saving up for my first down payment. I should be there by the end of the summer if not a bit sooner. My current plan is to buy a property to house hack. I should be spending less per month than I do in rent on a mortgage and I'm hoping I can turn the extra bedroom into a lucrative short term rental. From there I'm hoping I can buy a duplex and begin to scale from there.

I'm hoping to buy no further than 20 minutes out side of the city and I'm looking for at least 2 bedrooms and 2 baths. 

I'm looking for any advice anyone has for me as well as a real estate agent who would be willing to work with me on my first purchase! I would really like some advice on the Atlanta housing market as well. I have heard from a few people that its a sellers market right now and I should wait to buy but I have also heard that I should buy now because interest rates are low. I am thinking I want to buy on the upper west side, out on the east side or the Tucker/Norcross area but I would love some advice on up and coming areas that will be more affordable but still safe for me and my pup.

I am considering trying to buy a house that needs a facelift in a more desirable area and working on the updates myself instead of buying a more updated house further out of the city. I'm assuming I can charge more short term rental closer to the city. Does that seem like a fair assumption?

I'm looking at houses that are around 200k but I could potentially go a bit over that for the right property with at least 3 bedrooms. I don't think I want a condo because of the HOA but I might consider one. Open to advice about that too!

Looking forward to hearing from you guys!!

Hello Everyone! I am looking to invest in my first property. I am planning on getting a place that needs some renovation, living there while I renovate it and then renting it out while I do the same for my next property! I was wondering which areas of Atlanta are affordable but up and coming. Currently I am looking in Norcross, Scottdale, and Carver Hills. 

I would love some advice on those areas and information on other areas I might be overlooking! Thank you!