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All Forum Posts by: Jeremiah Duckworth

Jeremiah Duckworth has started 2 posts and replied 3 times.

@Evan Evans

Hi Evan!

What I have been looking into recently is partnerships. With that amount of money you have you could get partners to build a network and make your money go twice as far. For me, I have tons of “good” deals flying by me but no way to buy since I don’t have much capital at the moment. (Just bought my first property so I’m tapped. Learning lots as I go.)

If I were in your situation i would look to partner on a BIG deal. So a 16-32 unit property or maybe a mobile home park?

Partnering spreads out the risk and allows to build lots of relationships in the process, in addition to getting cash flow.

If you would like to chat more I’d love to connect. I’m in the western Michigan area and would love to partner with you on deals or send deals your way.

I hope that was helpful and good luck!

Post: Refinance home to buy rentals

Jeremiah DuckworthPosted
  • Holland, MI
  • Posts 3
  • Votes 2

Hey everyone! Im new to BP and I started the podcast last week and so far have listened to like 25 podcasts. It has been awesome and 

I'm looking for advice on using a HELOC to buy properties. I just purchased my first home, I fixed it up and I added about 30-50k of value with the renovations depends on appraisal, of course. My plan was to refinance and hopefully use that cash to buy my first rental.

I’m extremely motivated to purchase a rental this year or next and if this avenue of getting cash won’t work I will investigate other options. I’m open to suggestions and looking to learn.

Thanks an advance!

Hey everyone! I am going to be a first time home buyer and I am looking for alternative ways of buying my first deal. I had a cosigner but that seems to have fallen through. Hopefully you guys can enlighten me with some new and/or different ways to get in on my first deal! Thanks!