All Forum Posts by: Lisa Tarin

Is registration open today, March 18th?  I've not seen anything yet and am on the waiting list.

Are these meetups no longer happening?

Hello everyone,

I hope you are all doing well.

I purchased my second home this year and am looking to house hack a third home next year.  Looking for tax guidance, I consulted with Tom Wheelwright's team member and found their services too pricey.  I recently spoke to a representative from Anderson Legal, Business, & Tax Advisors and that didn't feel right either as they seem to concentrate on liability protection.  Does anyone have a recommendation and/or contact to help with tax and loan advice on my current and future properties?  Thinking I might need to have a cost segregation analysis done on my condo soon.  Anyway, I'd appreciate any references you might have. : )

I would love to attend a future meetup in the Claremont, Upland, or Rancho Cucamonga area and weekends are best for me.

Good morning.  When does this group meet?

Thank you for this Taylor.  

Yes, I recently moved out and turned the condo into a rental.  If I pull out as much as possible through a refi., it will continue to bring in rent but not sure I'll be making a profit after the new mortgage payment, etc.  That's the reason for my hesitance.

Looking to refinance my condo to eventually purchase a rental.  Should I pull out as much as possible not knowing how much I'll need for the unknown rental property purchase?  I'm at a loss as to the timing of everything.  I can't make an offer without being preapproved and ready to jump especially in this competitive market.

If I kept it, it would continue to make me $900/mo.

Only reason I'd refi is to add another property.

It's worth about $425,000.

Thank you.  It is cash flowing right now with $900 / mo.  If I refi, I'll have a higher payment and will net very little.

Hi everyone,

I've yet to dive in.  Just moved out of condo & am renting it out.  Want to refi that condo to invest in multifamily.  I have $100,000 left on my condo loan and am netting $900.  If I refi to pull money out, my new much higher payment will mean that I'm netting nearly nothing.  Is it a good idea to refi to reinvest or just sit tight and enjoy the $900 passive income?  I'm about 5-7 years to retirement from education (not a money making career, but rewarding).

You're advise will be appreciated.  Ready to take a leap.

Lisa