All Forum Posts by: Katie Panzica

@Brent Coombs I would prefer to leave those investments in the market. My husband recently discovered that you can actually borrow against those investments in the form of a loan. Any experience or advice around that? 

@Andrew Eherts we would like to start generating cash flow. If it can be in a market that is appreciating all the better.  We haven’t identified a property yet as we are trying to get our ducks in a row first regarding our financing options so we know what’s realistic in regards to price and money down/financing required. Is there a typical interest rate fir hard money loans or is it variable?  Are they typically 30 year like conventional or are they usually short term with the aim to refinance after rental income has been established?

Hi all! I'm just looking to get into REI and am unsure about what financing route I can take. I currently live in Southern California and our family primary residence, not surprisingly, puts us at a pretty high DTI ratio. I do have $100k + invested in the stock market that could be liquidated if need be, a healthy 401k that I could potentially borrow against and our primary residence has about $100k in equity we could potentially leverage for a HELOC.

Since my husband and I both work full time we were thinking that a turnkey property sounded appealing to generate cash flow vs doing a flip or BRRRR but realize that those are typically LTR investments and we wouldn't be getting our money back out quickly.

Looking for any tips or advice as to options or strategy we should take for our first deal.