All Forum Posts by: Marvin Scott Butler

@Johnny Tran Thanks Johnny, that answered a lot questions that I was on the fence about. My next step is to locate lenders. Thanks again for the information you provided!!

@Corby Goade Yes that's what I'm looking do never did HELOC so I I've been trying to educate myself about it

@Dillon Cook I want want both that's I was looking at the HELOC instead of refi because I'm at 3.7 now but I took some time to build my credit score up and lower my DTI to get the best rates now that I have that I'm ready to take my next step just want make sure I'm not missing anything

@Dillon Cook Thanks for the your advice I paid 230,000 for the house and been appraised at 360,000 also my property manager said I can get 2200 a month in rent. That’s why I looking at house hacking and the brrr method for my next deal

@Josh Green Thanks for the input that's what I had in mind was using the HELOC for brrr method.

Hi, I'm in the Tampa Bay Area and I'm looking to purchase another property. I was looking to do a HELOC on my primary residence to fund my purchase. I need some advice is this a good strategy or should I rent my house out apply for a conventional loan and use the brrr method to scale my portfolio. Thanks

@Jeremy Kitchen

Hello I would like the same information also. I’m in a similar situation.

@Kristina Kuba Thanks

@Michael Beum Thanks you

Hi I'm looking for any REI meetups in the Tampa and St.Petersburg area . I have been reading and following BiggerPockets for the last couple of years. I'm ready to get my feet wet, I would like to meet up and talk with other investors in my area. Thanks for any help