All Forum Posts by: Nicholas Fazio

@Brad S.

Very interesting!

@Erik Estrada are you in the area?

I recently acquired 2 long term rentals, looking at a third, would need hard money for down, any trusted sources in the area recommend?

New RE investor , I have a property closing in late August (I’m in Arkansas) in need of CPA w debt of RE knowledge to add to my team, recommendations appreciated.

@Evan Berg have you ever decided to go 50/50 w Kris and how’d that go?

@Corey Miller I’m really in the same boat as you and considering using my Heloc towards other peoples deals as a way to grow it.

@Erica Osborn interested, thanks

@Zachary Hendricks know a handyman in Little Rock area for fix n holds?

Yes! So hloc from my personal residence to use as down/repairs/fees/holding for rental...use rental income to pay back...refinance (at some pt?) and (this maybe subject to many variables) but typically would investors continue to reuse hloc from personal residence or cash out refi from rental for the purchase of another rental? Obviously this is preferable to hard money? 

Thanks again- Nick

I don’t remember who said it or where even, but I quote:

 “I'd get a secured line of credit against the property. That way can pay cash for another asset, refinance that property, pay off your line of credit, then use the line of credit to rinse and repeat. Then have your bank take a second position against all the equity in the properties to increase your line of credit for larger purchases, bigger multifamily properties etc”

Thanks