All Forum Posts by: Matt Westphal

@Dave Foster thanks for your time and info!

@Bob Norton appreciate your time and info! Thanks

@Bill Brandt The plan is to switch markets.

@Dave Foster Thanks Dave! So I have two properties here in Vegas I plan to sell each worth about 250k I put 20 percent down and have owned them for about 3 years . Should clear about 140k with an additional 65k cash to invest . So I definitely dont have enough equity to pay 250k cash for a house . Are you suggesting I do a conventional loan on multiple properties with a larger down payment . Eg. 50 percent down on a 250k house. Then refinance after rehab and rent? Thanks again

Ok thanks ! I wasn't sure since I would be paying all cash for a home and wouldn't have any debt associated with it until I refinance out. 

If I sell an investment property and put the equity into a 1031 exchange can I use that to pay cash for a house and brrrr?

Selling my current rentals and looking to brrrr out of state . Working with 150-170k cash any advice ?

Having trouble finding lenders willing to refi brrrr properties more than twice a year ???