All Forum Posts by: Cortez Wilson

@Frank Geiger thank you!

Hello,

I have a property that I’m getting rehabbed in another state, 3 hours away. The property is in a okay neighborhood and will not be complete for another 30 days. I do have the property insured but does anyone use any security methods to protect their vacant properties?

Thank you in advance!

@Jerry Padilla the property isn’t livable at the moment. Thank you for the feedback, I’ll be looking into financing options.

@Greg Dickerson thank you!

@Whitney Hutten thank you!

Hello,

I am trying to do my first BRRRR and need some help on figuring out the best way to fund the Rehab. I purchased the property cash and it needs about $40K in renovations. I'm not sure if I should use my own cash and complete the project bit by bit, take out a personal loan, or use one of my credit cards.

Please Help!!!!

Hello All,

I am a new investor and I'm trying to decide which way to go next. I own my primary residence and I have one rental property that's cash flowing very well. My overall goal is to have multiple rental properties in my portfolio as long term investments. I recently took out a HELOC to help fund my next property.

I'm trying to decide between getting a Hard Money Loan and using the HELOC for repairs or getting a Conventional Loan and using the HELOC for the downpayment/repairs.

The Hard Money route seems is a little more difficult but if I choose the Conventional Loan route, I would have to sit on the property for at least 6 Months.

My thoughts were to flip 2-3 properties to increase my cash before locking down my next rental property, so I can keep building my portfolio.

What have people with my same goals done to build their portfolio, with having the options that I have?

Thank you guys in advance!