All Forum Posts by: Marc Brenner

Thanks @James Wise!

Thank you @Bill Hampton!

Thank you for your response @Jaysen Medhurst!

Thank you @Scott Smith! I really appreciate your reply!

@Catherine Emert Thanks so much!

Hello All,

My wife and I's first home has appreciated significantly since purchasing 4 years ago and we would like to use our equity to accomplish 3 things.

1) Remove PMI - This is an FHA loan with PMI for lifetime of loan. We would like a conventional loan where the PMI at least expires at a certain equity %.

2) Remodel Home - We estimate our home could use around $30,000 in improvements to realize full value. (purchased as foreclosure)

3) Take out cash to purchase first investment property. We would like to start our first BRRR.

Our current mortgage balance is $112,000 and the current value is around $275,000 (conservative). After repairs I estimate the value to be at least 350k.

Any thoughts on the best way to accomplish these goals? Helock vs Cash-out? Will I have to refinance twice?

First priority is to purchase first investment property. Our home is in perfectly livable condition.

Thank you and I apologize if this not enough info - I'm a novice!

Hello Everyone!

I have just recently started to listen to Bigger Pockets / Real Estate Guys podcasts and am trying to read and soak up as much knowledge as possible. 

My wife and I have a goal of purchasing our first investment property by the end of the year. We would like to start with BRRR'ing single family homes.

Is there anyone in the Atlanta area that I can connect with? NOT ASKING FOR A MENTOR. Simply looking to connect and network.

Also - I am a newer realtor and am curious what I can do to be an agent that investors would love to work with.

Thanks!

Hello All,

I am just starting as a realtor and plan to form an LLC / S - Corp to maximize tax benefits.

I also plan to purchase my first investment property this year. 

Should I plan to create a separate business entity for my investments or will one entity suffice for both?

Thank you!