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All Forum Posts by: Austin Mize

Austin Mize has started 8 posts and replied 15 times.

Post: Looking for guidance

Austin MizePosted
  • Posts 15
  • Votes 4

Hello I hope everyone is doing great, I’m in a little rut right now an not sure what to do  I understand that it’s not efficient to quit a 9-5 job when trying to invest in properties but I’m been working a 3rd shift job now for 6 years. I have a reasonable savings not a ton but enough. Starting this year this job has really been weighing on me I go in to work around 1am get home around 9am it’s really starting to affect my productivity because I tend to get tired around 2pm and can’t seem to get much effective work done after that time I do have another income doing side jobs I would like to quit my W2 job but I’m not sure what is the right choice. 

Right now I have a fha home with a good amount of sweat equity in it and plan to either sell this property or rent for long term

Post: Questions about the intention journal

Austin MizePosted
  • Posts 15
  • Votes 4

Waiting for my intention journal and wanted to ask a quick question. I work 3rd shift for now and I’m usually waking up around 1am to leave for work I am curious on if I should be waking up early to journal and do my morning routine or journal and do the routine when I get home  around 9am. I appreciate BiggerPockets thank you 

Post: Appraisal question on single family

Austin MizePosted
  • Posts 15
  • Votes 4

@Account Closed its a 2 car garage I would be insulating, dry wall and painting  I appreciate the response thank you 

Post: Appraisal question on single family

Austin MizePosted
  • Posts 15
  • Votes 4

Remodeling a single family home to pull a cash out refi or heloc, I’m curious on if it’s worth it to finish the garage  and how much the appraisal will go up if I finish it, finishing the garage will delay getting an appraisal done for a few weeks. Would it be better to skip the garage and pull the appraisal now? 

I appreciate the reply! I bought this single family property a few years ago with a fha loan, remodeled it and plan to live at the property for a little while until a better opportunity arises. 

Would my best bet be to invest with another single family? BRRR it and do the same step with a cash out refi or maybe try a multi family home there is both in my area

Just finished up with my first remodel, going to proceed with a Cash out Refi I’m cerious on what steps would be the best.. put a down payment down on a few properties or fund one deal  with the money? 

Post: What to do with cash out refi

Austin MizePosted
  • Posts 15
  • Votes 4

curious what is the best option after  ARF cash out refi, should i go and put 20% down on a couple single family homes or multi and get a loan from bank or use all the Refi money to Fund a deal? or use the  money to Fund a couple down payments? after the cash out part i get a little confused on what to do any help Will be awesome i respect this community so much!!!

also i need somewhere to live so i was thinking my best option would be to stay in this current house pull money out and that money would fund my deals.

Any Advice would be helpful.

Hello, bigger pockets it is good to be back, I've been still listening to the podcast but work and this remodel has been taking up a lot of time. i figure now is a good time to come back to the community and get more active, 

about 3 years ago i purchased a single family home to live in, after living in the home for about a year i started to get into self development and learning the most i can about real estate Investing. Over the past year and a half I've been trying to put in as much Sweat equity as the budget will allow for, After hearing the podcast when Brandon and David Dug deep into BRRR investing I've been fascinated with this investing strategy and got really motivated after that episode too hurry and finish the remodel so i can either cash out refi or pull out a heloc i just wanted to show this Amazing community what progress i have done on this house and get your opinions. the remodel is about 75% done still have 3 bedrooms to finish.

also i was curious what is the best option to do after the cash out refi, should i go and put 20% down on a couple single family homes or multi and get a loan from bank or use all my Cash out money to Fund a deal or use the cash out money to Fund a couple down payments? after the cash out part i get a little confused on what to do any help Will be awesome i respect this community so much!!!

also i need somewhere to live so i was thinking my best option would be to stay in this current house pull money out and that money would fund my deals.

hellooooo BiggerPockets I hope everyone is have an amazzing day I just starting listening to the money podcast and have completely opened my eyes on frugality I’m kinda ticked off I didn’t think of or hear about this earlyer but I’m 23 so I’d figure I get everything straightened out while I’m younger..

So my  dilemma is about 3 years ago I bought a “brand new” car 2013 Chrysler 300s. Because I thought I frickend diserves this expensive equipment to drive around in becuse I “worked hard” now I realize that was a HUGE mistake and I’m paying as much as my house payment for this car... I owe about 15,000 left on the car and I’m just not sure if I should start making heavy payments to pay it of sooner or just sell the car and buy a cheap economy car with cash so I no longer have a payment also my insurance would go down... much love BiggerPockets community!