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All Forum Posts by: Natashia E Morales

Natashia E Morales has started 2 posts and replied 5 times.

@Joseph T. heyyyyyy!!!! thank you. yes I've been listening on my commute to work and back. I love the podcast they are so informative. I've been wanting to dive into real estate for the last 6 yrs and am finally just trying to "pull the trigger" I guess. I'm trying to get in the 'if you can conceive it, believe in it, then you will achieve it' way of thought.
@Arlan Potter that's basically what I'm trying to setup and do for myself. I'm not trying to buy a mansion just a bigger home for our growing family. we currently have a 2 bedroom townhouse in NY. I can refi this plc and rent out for $2350 leaving me $250 of cash flow after the Bill's for that plc is paid. take the cash out I get for the refi on it and buy a more sizable home for our 3 kids with a back yard. Then take a home equity line of credit to buy another rental property and so on. that's what I was thinking of doing. I'm trying to be realist in NYS. things are wayyy more expensive here than in most states.
@Arlan Potter that's basically what I'm trying to setup and do for myself. I'm not trying to buy a mansion just a bigger home for our growing family. we currently have a 2 bedroom townhouse in NY. I can refi this plc and rent out for $2350 leaving me $250 of cash flow after the Bill's for that plc is paid. take the cash out I get for the refi on it and buy a more sizable home for our 3 kids with a back yard. Then take a home equity line of credit to buy another rental property and so on. that's what I was thinking of doing. I'm trying to be realist in NYS. things are wayyy more expensive here than in most states.
hey all. so my plan is to refi my townhouse to bring my mortgage back down to 30 yr loan at a better interest rate, take the cash out to put down on a bigger home for my growing family, then rent out my townhouse to cover the mortgage, taxes, HOA. thoughts on my plan...yay or nay....
Hey all. Mommy of 3. Here to get guidance on realestate. def want financial freedom so I can be the type of mom I want to be for my kids. Any and all advice is welcomed!