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All Forum Posts by: Charles Wells

Charles Wells has started 0 posts and replied 3 times.

Post: Securities Backed Line of Credit? For BRRRR Strategy?

Charles WellsPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 3
  • Votes 0

I am currently in the process of using a Liquid Access Line. The reason I am using this structure is because "in theory" the cost of capital should be close to zero considering that my principal amount is making money and offsetting the cost of capital being used. I will let you know how the numbers shake out. 

Post: New member from Tennessee

Charles WellsPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 3
  • Votes 0

When you get to Houston look me up!

Post: Sell or Rent in Houston

Charles WellsPosted
  • Real Estate Agent
  • Houston, TX
  • Posts 3
  • Votes 0
I'm a real estate agent in Houston. I advise you to sit on the equity in Houston. Home prices in Houston are strong and the demand is climbing. If you don't need the cash put a renter in there then start paying off the principal with an additional $500 a month. If you ever want to grab coffee and chat about real estate let me know.