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All Forum Posts by: Brian Sullivan

Brian Sullivan has started 4 posts and replied 4 times.

Innovative Strategies

Post: How to use heloc for purchases

Brian SullivanPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 4
  • Votes 0

The only way I can produce buying power is use a heloc. Can I use a heloc to purchase a property? Then obtain a mortgage to pay off the heloc? Then in essence repeat this process?

0 Votes
Starting Out

Post: How to use HELOCs to purchase rental units?

Brian SullivanPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 4
  • Votes 0
I have heard of investors using helocs to purchase rental properties. I am interested how this vehicle can be used to buy properties?
0 Votes
Starting Out

Post: Creative financing with helocs?

Brian SullivanPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 4
  • Votes 0
I am beginner in this realm of real estate investing...I am trying to wrap my head around creative financing and I have a question. I am having an inability to save the 20% down on a rental property. I do own a home with considerable equity. Can you buy a rental property with a HELOC as a cash buyer? Secondly, after said purchase is finalized can you conduct a cash refi on that rental property and in turn pay back that HELOC? Lastly can you continued ur this process as a rinse and repeat? Thank you for your time
0 Votes
Real Estate Agent

Post: Can i receve a real estate license w/o being a realtor?

Brian SullivanPosted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 4
  • Votes 0
I want to start a property management company in Charlotte NC. I need to have a real estate license in order to collect rent and engage in leasing activities. Can I obtain a real estate license without working as a realtor or work for a real estate group/company?
0 Votes