All Forum Posts by: Phil T.

I'm looking at possibly buying some properties in Mobile, and I was wondering if anyone has any suggestions for a PM, realtor and lender. Any suggestions would be appreciated! 

I'm looking at possibly buying some properties in Mobile, and I was wondering if anyone has any suggestions for a PM, realtor and lender. Any suggestions would be appreciated!  

@Aaron Manship I’ve actually spoken with Evan and should be hearing back from him soon with some ideas. Thanks!

@Mihir Bhimaraju Dm’ed you

I'm an out of state investor looking to partner with a wholesaler in the Indianapolis area on a BRRRR deal. I've got one deal using conventional financing under my belt (duplex in Indy) and am looking to add to my portfolio. Anyone have any suggestions?

@H W Beckley HI! I’m lookIng for either a SFR or duplex, total of 75k between property and rehab with an ARV of $100k (for the refi).

I'm an out of state investor looking to partner with a wholesaler in the Indianapolis area on a BRRRR deal. I've got one deal using conventional financing under my belt (duplex in Indy) and am looking to add to my portfolio. Anyone have any suggestions?

Thanks!

Thanks Shawn, I'll check it out!

@Shawn Ackerman Thanks! What is delayed finance? Haven’t heard of that.

Folks-

A few weeks ago, I gook out a HELOC against my primary residence to use to buy investment properties. I initially intended to use it to do the BRRRR strategy and repeat this process every 6 months or so. Being new to the REI game, I'm finding this to be a little harder than I thought it'd be. I'm now thinking of using the HELOC as a down payment on several properties. I figure I'll take my profits from those properties and the money I'm saving for investments to pay off the HELOC, and continue this process until the end of my draw period on my HELOC (5 years). What are your thoughts on this? Any other ideas of ways to use a HELOC?

Thanks!!!