All Forum Posts by: Kyle Moreau

@Mike Klarman

that has been my hang up, it could either be a wonderful thing for me and my family, or could end up the worst possible way, with nothing. I have a pretty good head on my shoulds. I'm not the smartest fellow in the room but I make up for that in common sence. I'm at the point we're I have a plan, if  the numbers work, then Great if not, step back and punt. 

@Mike Klarman

thank you for the sound advice, if or when I embark on this journey I will remember what you have said. I appreciate the response coming from the heart. It's hard to find now days. 

@Chris Seveney thanks for the advice. And that makes sense. 

hello,

what are the pros and cons of using a heloc on your primary home to purchase your first rental investment. Wondering if it's a good strategy. Or a horrible decision. 

@Taz Zettergren Thank you for reaching out. And I have to agree starting I think will be the hardest part, a lot of fear of the unknown, but hopefully after the first deal it will progress into something great. I'm open to any avenues to advance. But I think it's best if I start near home at first. 

@Joseph Beilke

Thank you for insite it's much appreciated,do you recommend any good books to read? I'm all for learning all that I can. But I'm also the kind of person that is hands on as well. And the best way to learn is to do it. And learn from your own mistakes. 

@John Karg

how do I get in touch with you? To discuss this further? 

@John Karg

Thank you for the insite, house hacking is most definitely a way to go about investing just don't think its the way I can go. Due to having a family. This is a new world for me that I'm trying to learn about. and learn what type of financial means there are to start. I was thinking about doing a heloc on my current home. That has a lot of equity built up. But not sure if that's a smart move or not. To get my first investment, it would be great if it was a multifamily. Because I cant seem to make a single family home work with the numbers and interest rates the way they are to make a return on the investment. But I am just starting out. 

thank you again for the help

Stashoo dorn. 

thanks for the advice. I will try and move the post. I'm not very tech savvy. 

Good evening, 

so happy to be here, and look forward to getting involved in the world of real estate investing. I've been thinking about getting involved for some time now, just can't seam to pull the trigger. I've purchased homes before. Just not for investment purposes. I would like some advice on lenders on what my options there are and what is the best route to go. To one day not be dependent on a job. Would be my end goal. But for now just starting would be great.