All Forum Posts by: Mike Amann

Thanks @Amy Shutes! I'll touch base with Jeff and I also just sent you a PM. 

@Kevin Romines  yes that definitely helps! I am going to take a look at both now. Thanks! 

Can anyone recommend a great option for a HELOC lender in the Charlotte area? I would be getting this setup based on my primary home.

Is it better to align with a local Credit Union for this like Truliant or go with a big bank (BoA, Wells Fargo, etc.)? 

Thank you for any insight to share! 

@Greg Kasmer Makes sense and that is what I was thinking as well. The only other hurdle I see is being able to scale a bit faster with leverage than going all cash for 1-2 properties as I might only be able to repeat that process once a year going all cash. Or like you mentioned, aligning with PM or HML moving forward.

On a side note, I used to live in Philly for 12 years in the Fairmount/Art Museum area and had a few rentals there. I should have hung on to them! 

I've been going back and forth on it if makes sense to get started with BRRRR investing with an all cash offer or to leverage financing. I am diversifying out of my company stock and will have $200K to invest within the next 1-3 months. The way I look at is I can purchase 1 unit all cash or put down 20-25% on 4-5 units with the cash I will have ready.

Is there one strategy better than the other? What would you do?

I've been going back and forth on it if makes sense to get started with BRRRR investing with an all cash offer or to leverage financing. I am diversifying out of my company stock and will have $200K to invest within the next 1-3 months. The way I look at is I can purchase 1 unit all cash or put down 20-25% on 4-5 units with the cash I will have ready.

Is there one strategy better than the other? Look forward to your input! 

What a great post and very inspiring. Exactly what I needed to read this evening. Thank you and good luck on the 52!

Thanks everyone, these referrals are a great starting point! 

I'm looking for a new accountant local in the Charlotte area to help me with the 2020 tax season and beyond. Ideally someone that has experience with real estate tax strategies along with stock investments. Turbo Tax just can't cut it anymore! Thanks in advance for any recommendations! 

Thanks @Angel Rodriguez!