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All Forum Posts by: Jesus Hernandez

Jesus Hernandez has started 1 posts and replied 3 times.

General Real Estate Investing

Post: Best option to take ?

Jesus HernandezPosted
  • New to Real Estate
  • Atlanta, GA
  • Posts 3
  • Votes 0

@Whitney Hutten

That’s a good question. I will have to look into the rent market and see what the property would rent for.

I've owned the property for 5 years now. So, for BRRRR would a HELOC or FHA loan be better?

0 Votes
General Real Estate Investing

Post: Best option to take ?

Jesus HernandezPosted
  • New to Real Estate
  • Atlanta, GA
  • Posts 3
  • Votes 0

I do live in the property but I know I could figure something out to move elsewhere.

Definitely would be interested in using the equity in this property to purchase a multi

0 Votes
General Real Estate Investing

Post: Best option to take ?

Jesus HernandezPosted
  • New to Real Estate
  • Atlanta, GA
  • Posts 3
  • Votes 0

Hello BP community...

I’ve been reading about real estate investing for some time now and I’d like to see what would be the best route for me to get myself into it.

I own a property already.. paid for. It isn't valued much as of right now due to it needing repairs. As of right now I believe it is worth 70K. ARV 150K. Would it be a better investment for me to get a HELOC Or any loan to improve my property or would it be wiser to get HELOC and reinvest it into another property? I've been reading about BRRR and wondering if with this it is a possibility.

Any information/guidance would be appreciated. I am located in Atlanta,GA if that changes anything.

0 Votes