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All Forum Posts by: Jesus Morales jr

Jesus Morales jr has started 6 posts and replied 15 times.

Marketing Your Property

Post: HELOC how long do i have to Seasoning it Before investing

Jesus Morales jrPosted
  • Flipper/Rehabber
  • Wilmington, DE
  • Posts 16
  • Votes 1

@Jackie LinI i have the house about nine months now so I am clear as far as pulling out Any kind of loan but thanks a lot I’ll keep that in mind....But I’m not sure if I should rent it out because I’m looking at anywhere from 200 to 250 of positive cash flow Not sure if that’s worth all the headache tenets my bring ...

0 Votes
Marketing Your Property

Post: HELOC how long do i have to Seasoning it Before investing

Jesus Morales jrPosted
  • Flipper/Rehabber
  • Wilmington, DE
  • Posts 16
  • Votes 1

I'm thinking about possibly renting my home out in the near future or/keeping it ...I want to take out a HELOC to invest ....How long after can I use the funds to put down on an investment property Or does it have to be season for a couple months before I can do so

0 Votes
General Landlording & Rental Properties

Post: debt to income ratio

Jesus Morales jrPosted
  • Flipper/Rehabber
  • Wilmington, DE
  • Posts 16
  • Votes 1
@Bob Okenwa gotcha .... thanks bro Appreciate that
0 Votes
General Landlording & Rental Properties

Post: debt to income ratio

Jesus Morales jrPosted
  • Flipper/Rehabber
  • Wilmington, DE
  • Posts 16
  • Votes 1
@Bob Okenwa I’m assuming there are some lenders out there that will Factor in DTI right away or maybe even a year
0 Votes
General Landlording & Rental Properties

Post: debt to income ratio

Jesus Morales jrPosted
  • Flipper/Rehabber
  • Wilmington, DE
  • Posts 16
  • Votes 1
How long does a home has to be rented out before it can be Discounted it Towards your debt to income Ratios ...?!
0 Votes