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All Forum Posts by: Luis Escudero

Luis Escudero has started 3 posts and replied 11 times.

Post: HELOC Share your thoughts and experiences.

Luis EscuderoPosted
  • Rental Property Investor
  • Posts 11
  • Votes 1

@George Gammon Thank you for taking the time to reply. Very useful information it really helps.

Post: HELOC Share your thoughts and experiences.

Luis EscuderoPosted
  • Rental Property Investor
  • Posts 11
  • Votes 1

@Darrell Hardy Yes I plan to use the BRRRR method as well. Good luck on your first BRRRR.

Post: HELOC Share your thoughts and experiences.

Luis EscuderoPosted
  • Rental Property Investor
  • Posts 11
  • Votes 1

@William Battistelli Does using a HELOC as a down payment create two payments? One towards your HELOC and one towards the mortgage? My plan is to use the HELOC strategy along with the BRRRR strategy. Why did you choose down payment vs BRRRR? Sounds like you found your self a great Bank to do business with.

Post: HELOC Share your thoughts and experiences.

Luis EscuderoPosted
  • Rental Property Investor
  • Posts 11
  • Votes 1

@Keith A. That's awesome what was your cash flow on your first investment? Also what % of your home value did you get on your HELOC?

Post: HELOC Share your thoughts and experiences.

Luis EscuderoPosted
  • Rental Property Investor
  • Posts 11
  • Votes 1

@Todd Rasmussen

I plan on getting started on multi family.Perhaps a Triplex or Fourplex. However I am tempted to do out of state investing as I would be able to do more properties at one time. What was your first Investment? Was it here in California?

Post: HELOC Share your thoughts and experiences.

Luis EscuderoPosted
  • Rental Property Investor
  • Posts 11
  • Votes 1

Good evening B.P community. I am on the verge of going through the process of obtaining a HELOC. I would like to hear some of your experiences. What you learned, what you would do differently. How a HELOC helped you in your investments. Look forward to hearing from you guys.

@Bjorn Ahlblad Thank you for taking the time to reply. I.E is the Inland Empire area here in California outskirts of Los Angeles. I was figuring 10,000 including new kitchen cabinets and restroom upgrades.

Good evening B.P family. Can anyone investing in the I.E share what is the average cost of renovating an apartment in a c class neighborhood? Thank you

Post: Wholesaling in LA area

Luis EscuderoPosted
  • Rental Property Investor
  • Posts 11
  • Votes 1

@Kevin Dehesa How’s your schedule during the day? I’m available after 11:00am we can meet at a Starbucks.

Post: Wholesaling in LA area

Luis EscuderoPosted
  • Rental Property Investor
  • Posts 11
  • Votes 1

@Kevin Dehesa Hello. I have zero deals under my belt. I’ve done plenty of research and podcast but I am looking to take action. I’ve done some driving for $$$ and left some letters recently. I live in Montebello CA. What about Yourself?