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All Forum Posts by: Account Closed

Account Closed has started 55 posts and replied 492 times.

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Tae C. Thanks!

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Joe Splitrock would this still work if my market has properties way over 100k?

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Erik Whiting thank you so much, that helped a lot!

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Joe Splitrock so how would the whole process work? I don't really understand what a heloc is. Is it like a loan?

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Frankie Woods but would this still be possible when you would be doing buy and holds with multifamily properties?

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Joe Splitrock thanks, what are some ways that you personally find god people to get loans like that from then?

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Erik Whiting it would be very hard to do cash in my market since it's very expensive. But that is what I would ultimately like to do, it's just to expensive for me right now. Anyways, do you only use your own money? I know there are many advantages for doing that, what are some advantages and disadvantages of using your own money?

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Ian Walsh I know there are many scammers when it comes to private/hard money lending, how do you find good/legit people when you look for your lenders?

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Steve Vaughan thank you so much!

Post: Not Paying All Cash For An Investment Property

Account ClosedPosted
  • Yonkers, NY
  • Posts 506
  • Votes 95
Steve Vaughan thanks! Also, what about those other ways (Zillow, FSBO, etc) you said? Do those ways work for you? Are they actually good? What platforms do you like that are good?