All Forum Posts by: Jason Simon

@Bob Okenwa: I’m also interested in a Ihio lender with low minimums if you don’t mind sharing. Thanks

@Jason Wray

Thank you Jason for your thoughts, really good points you make. In your example I’d essentially be refinancing 1 house and taking out 2 conventional loans on two investment properties, correct?

Hi all,

Would appreciate any advice as I'm relatively new to REI. I have two properties now, each with about 200k in equity. One is cash flow positive one is not. I'm thinking about a cash out refinancing on the property that is not cash flow positive to take out cash, lower my payment and break even, and use that cash to purchase a third house outright.

Alternatively, I could do a conventional loan on the third property (100k price, rents for $1200/month) and put 20% down. I’m sure there are other options as well. Any thoughts on purchasing a property in all cash vs a loan or are there better options?

Thanks BP community in advance.

@Daniel Rodriguez: I’m considering investing in El Paso and was looking to connect with other investors in the area. Can we connect?

@Curtis Bellenot are you still doing well in El Paso? Would you record it as a good market to buy and hold. Easy to rent?

Hi fellow investors,

I’m looking at El Paso, TX to potentially buy a single family home to rent and hold. Does anyone have experience in this market? Any advice would be much appreciated. Thanks

@Chad Gray - thank you for the info. I’m also interested in investing in the area and connecting with a solid local professional. Could you PM me his/her contact info?

Hi everyone, I'm new to BP, what a great resource! I have a property in Buckeye, AZ and wondered if anyone can recommend a good property management company in the area. Thanks!