All Forum Posts by: Kelly McKay

Hi Jeremy, 

@Jeremy Blevins I can't make the meetup this Thursday but I would like to try to make the next months meeting. Will you also be posting the next meetup here on BP? Thanks

I will be there. Looking forward to it!

Hi,

Can someone recommend a good property management in Sacramento/elk Grove for short term rentals. I am looking to buy a short term rental in these areas. 

Thanks

@Dan Nutter- Thanks for some examples, helpful. Cheers to finding the right investment property!

@Danielle Jackson That makes sense, Thank You!

@Ashley Cross Thanks so much for the insight and information! Appreciate it, Happy Holidays!

I am considering a cash out refinance on my home. In the past year it has appreciated over 100k in equity. I am looking to buy an investment property. I did pull money out over a year ago (which reduced our rate to 2.75%) and put some into a Real estate syndication. Is a cash out refinance the way to go for another real estate investment, or should I be looking at any other options? Also is there a Debt to income ratio I should be aware of and try to stick too? Any other things we should be looking out for?

The cash out refinance would cost about $3300 and that would then be rolled into the loan, at a 2.99% interest rate (we currently have a 2.75% rate). Since we used the same company again, they waived most other fees. Any advice/insight would be great. 

Thanks,

Kelly

Signed up for STR boot camp with Tony. Excited to learn and grow and have some experienced REI there for some support and guidance as well!