All Forum Posts by: Elizabeth Tiburcio

OMG! I just discovered the answer to my question. I stumbled upon BT's article on the BRRRR strategy and book "How to Invest with No or Little Money Down". The 70% rule was the answer to my question. Now I know: what to read and what to look for in a property.

I'm starting to feel empowered. 

Thanks Jake and Brandon. :-)

Hello Jake. Thank you for the insight. Will look into purchasing the BRRRR book for sure. The $85K is the entire equity. The 20-25% difference would drop to about $60k to invest. I believe my home is averaging a value of $230K.

I guess my real question is: What is the best use of the $60K if I am looking to increase cash flow ?

I've been following BP for some time now. I'm most intrigued about the BRRRR strategy. My current home has an equity of $85K and I'd like to invest that equity in more than 1 multifamily property. However, I'm not sure about how to execute this???

Newbie needs advice.

Thank you Dawn and Chris. I assumed that most lenders will require at least 12 months. 

Hello! Looking to start investing using the BRRR Strategy. Is there a time frame to wait until you refi on that property??

Interested in getting a HELOC but my current lender doesn't do lines of credit. Should I consider re-financing with a different lender?

Hello Brandon. I'm thinking 3-4 unit to start. Do the stack method as I progress. My end goal is to fire my employer and focus on a rental portfolio. If I can at least replace my salary in the next 12 months, that would be awesome!

As a newbie, how do I get started in multifamily properties?