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All Forum Posts by: Darlena Jones

Darlena Jones has started 4 posts and replied 177 times.

Post: Quick heloc, equity loan, and dti question

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

Well, a portfolio lender is way more likely than a conventional lender. Will your DTI still be high once the rental property is cash flowing?

Post: Interviewing a title company

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

Personally, I wouldn't ask them anything - i would talk to the larger real estate agency and ask them which title company they use.

Post: Holiday Season Listings; Good or Bad?

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

It doesn't seem to slow - it actually slows.  We build spec homes and we rarely sell a home between Thanksgiving and Christmas unless it's to someone being transferred in.  January is our top selling month.

What do we do?  Suck it up and wait until January.

Post: Using Primary to Get Started!!

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

Only if I were going to "house hack" (buy a multi-family). I prefer using a HELOC and keeping my primary residence.

Post: BRRRR - Issue w/ Refi

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

I refinanced a duplex after owning it for a day.  Get a new bank.

Post: Friend's 401k

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

He just needs to know that he doesn't get to benefit financially now - his IRA benefits. Obviously, he'll get the money some day but it won't pay him now.

Post: Smoke Nuisance

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

It's still illegal in TX, right?  Just call the cops?

Post: Finding the right 1800 or local number?

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

I use eVoice but I have no idea if it would work in Canada.  It's $13/month.

Post: Work cell phone??

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

eVoice app

Post: Work cell phone??

Darlena JonesPosted
  • Strafford, MO
  • Posts 181
  • Votes 61

I use eVoice ($13/month) and it acts like an answering system.  Think "chose 1 if you're a current tenant or choose 2 if you're interested in looking at an apartment."  There's an app on my phone that it dials through.  You can dial back through the app so it looks like it's coming from the business number.