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All Forum Posts by: Elenis Camargo

Elenis Camargo has started 27 posts and replied 468 times.

Post: Deciding whether to sell or rent

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458
@Dysteny Stratton I think if you don’t need the money, then definitely rent it out. You’ve lived in the home and you’re super familiar with the area. You know your neighbors and know the kind of people who would live in that area. Yes, there are horror stories out there but it can be avoided. I inherited a tenant with my first rental property purchase in February, she was great at first then started paying late. She ended up abandoning last month and leaving all her crap there. Yes we had to put some money into fixing it, which should be done next week, but it’s not as scary as it sounds. We are looking for our next purchase now. I’m happy to help answer any questions about landlording or even help you with whatever you need. You can PM me :) we are managing our own property in Florida while living in NY and it’s not so bad. Even doing a renovation from here with someone I met on BP. Definitely helps making friends on here!

Post: HELOC on a rental property: is it possible?

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458
@Llewelyn A. Awesome!! Just PM’d you now :)

Post: HELOC on a rental property: is it possible?

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458
@Jimmy S. I just called PenFed and they do it also!!

Post: Buy/Hold #7 is Complete

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458
@Rashad Luckett Amazing!! Congratulations!!

Post: HELOC on a rental property: is it possible?

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458

@Phuong Le Will do! Thanks!

Post: HELOC on a rental property: is it possible?

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458

@Llewelyn A. Thanks! I'm actually living in Brooklyn as well, so I know how expensive it is here! That's why we decided to invest out of state. You use this strategy for rentals or for flipping? What area are you in? We are in Crown Heights.

Post: HELOC on a rental property: is it possible?

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458

@Huso Akaratovic That's great! They let you combine them in order to do a larger HELOC?

Post: HELOC on a rental property: is it possible?

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458

@Matt Crawford This is great. Thanks so much!

Post: HELOC on a rental property: is it possible?

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458
@Daniel Chow This is great info! Thank you!!

Post: HELOC on a rental property: is it possible?

Elenis CamargoPosted
  • Property Manager
  • Jacksonville, FL
  • Posts 487
  • Votes 458
@Kyle Schloss @John W. Awesome thanks guys! I’ll call them tomorrow!!