All Forum Posts by: Dallin Huso

I have about 200k in equity in my home that I'd like to pull out with a HELOC in order to purchase another property. The problem is I am a small business owner so my tax returns don't show enough for my debt to income ratio to be approved for this amount. Is there any way to get a heloc based strictly off of the equity of the home, and not considering the income verification aspect?

Hi Kevin! I'm in a smilar situation. Were you able to get a HELOC without income verification?

Hi everyone!

I'm a relatively new investor, (I've done 1 flip, purchased 1 long term investment property, and listened to 1,000 BP podcasts!) and I have 25-30k that I'd love to invest by the end of the year. I do plan on getting another long term investment property soon, but I just purchased a home so I can't cash-out refinance for 6 months. So I'm wondering what my best option would be for this extra cash. Some suggestions I've received so far are:

1. loan it to someone who needs it for a flip

2. Buy a single mobile home

3. Invest it into a syndication fund.

Alternatively I could wait until I can purchase another home next year and use it towards that, but ideally I'd like to invest it this year for tax purposes. Would love to hear some thoughts! I live in the East Valley of the Phoenix market if that helps! 

Thanks!

Hi everyone, I’ve spent the last year really trying to understand the world of commercial real estate investing, and I now have some capital to invest. 
The only thing holding me back at this point is deciding what type of RE to get into. I’ve specifically been looking at multi-family, mobile home parks, and self storage. I hear a lot of people say “it depends on the person”, but what does it depend on? I hear a lot of pros and cons about all 3, and everyone says not to dabble in more than one type until you’ve mastered a category. So any advice on how to make the best decision would be much appreciated!

Hey everyone, so I just finished flipping my first house, and with the profit I made, I would really like to get into multi family investing. I’ve been doing a lot of research and listenOmg to a lot of books and podcasts, but I know that the best way for me to learn is by just getting started.
My biggest concern is that because of my inexperience, I feel like I should get started with something small, like a four-plex. But I also hear guys like Grant Cardone advise not just start with anything under 32 units. Would love to hear some opinions and perspectives. Thank you!