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All Forum Posts by: Omar Johnson

Omar Johnson has started 1 posts and replied 12 times.

Creative Real Estate Financing

Post: Equity in primary residence for first rental

Omar JohnsonPosted
  • Rental Property Investor
  • New York, NY
  • Posts 12
  • Votes 3

@Bryan Beal thank you very much for your input! Your remarks are very helpful.

0 Votes
Creative Real Estate Financing

Post: Equity in primary residence for first rental

Omar JohnsonPosted
  • Rental Property Investor
  • New York, NY
  • Posts 12
  • Votes 3

Hello All,

My wife and I are newbies and are looking to get into the rental/flip market here in Charlotte, NC. We were thinking of doing a cash out refinance on our current primary residence to fund our first investment property. We’ve been reading a ton and the BP podcast have been very informative, but we really don’t know if this is a good idea to get our real estate investment business going. Any feedback and/or suggestions would be welcomed!

Thanks so much for taking the time to read this!

Omar Johnson

1 Vote