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All Forum Posts by: Dayana Chavarria

Dayana Chavarria has started 1 posts and replied 2 times.

Private Lending & Conventional Mortgage Advice

Post: Can I BRRRR with HELOC ?

Dayana ChavarriaPosted
  • Investor
  • Miami, FL
  • Posts 2
  • Votes 25

This might be a silly question but I'm a newbie and don't want to run into financing issues further down the line.

I am considering getting a HELOC on my home to purchase my first rental apartment. I would be looking for a fixer upper that I can add some sweat equity to, to Rent and then Refinance...

My concern is, will it be hard to qualify for a 3rd loan when I want to refinance the rental property to pay off the HELOC balance?

If so, is there a better way to access my equity to purchase my first rental?

Thanks!

0 Votes
Real Estate Agent

Post: Where are all the female investors and real estate agents?

Dayana ChavarriaPosted
  • Investor
  • Miami, FL
  • Posts 2
  • Votes 25

@Jennifer Pauyo newbie over here!

I would love to connect and learn from fellow women investors though ❤️

25 Votes