All Forum Posts by: Kiley N.

@Brandon S. : PMed you.

@David Nelson : Welcome to BP!  I would highly recommend you dig into @Zachary C. 's experience in Huntsville.  He knows his stuff!  Best of luck!

@Lane Kawaoka :  Yes I did.  Are you in HSV too?

Hi @Leo Johnson ,

A HELOC will also be based on credit. If this is your first rehab it may be enough of a return on your money to have gotten the education and experience of a successful flip! As @Ben Leybovich suggested, using the funds from the sale to catapult you toward a better credit profile could be beneficial for you in the long run.

Best of luck with whatever you decide!

@Drew Y. 

The term "Value Investor" describes such a large range of styles and strategies that it's almost a useless identifier.  I like to think of Warren Buffett as a Value Compounder.  He narrowed his investment parameters and maintained superhuman discipline while tirelessly scouring the investments he had available to him at each stage in his life.  Once he found investments good enough for his standards and bought them at the right price, he kept them.  Multiply that by OPM and you have yourself a winning formula.  Sounds like all you need is a deal that's too good to pass up...

@Adam Rey I'll 2nd what Tim said.

Hi @Matthias Wilson

Shoot me a DM and I'd be happy to chat about the market.  Maybe I'll get to learn a thing or two about NW FL as well!  I have spoken with @Tim White about the area and would recommend you reach out to him as well.  

@Shane Jeanfreau :  Thanks for the tag!

@Shane Jeanfreau :  Back of the napkin calculation says you have a winner based solely on the numbers.  This is quite a coincidence but I recently entered into a strikingly similar deal.  As @Hadar Orkibi mentioned, nothing wrong with the blue-collar demographic.    

PM me if you'd be interested in further details and I would be happy to share the thought process on my end.

Congrats on finding what sounds like a great deal!  

@Aya Caliva : Hi Aya! Welcome to BP! You'll find a wonderful depth of knowledge and experience on this forum in addition to newbies asking tons of questions like myself. The world of real estate is as varied as the investors that dwell in it. If you are looking for REI friends, you have certainly found the right place! What part of Japan were you folks living in? I was in Fukuoka for seven years.

To your many successes!

Kiley

@Stephanie P. :  I certainly will be consulting an attorney on this.  Sounds like you have a good relationship with yours and I will be needing to find/build one of my own as well.  

Thanks for the advice!