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All Forum Posts by: Raphael Pangilinan

Raphael Pangilinan has started 1 posts and replied 4 times.

Post: How to use our money

Raphael PangilinanPosted
  • Posts 4
  • Votes 2

Hi Carlos,

Thank you for the great advise!! We are planning on moving to Texas by next year and once we are there we can join real estate groups and meet more investors and possibly a partner. We are currently looking into buying a house in San Antonio which will be our base and from there we can venture into other areas and find good deals. I am not comfortable doing Flips or Rehab while I live in Hawaii, I would rather do my first few investments in the Texas area, then when I get more experience I can go out of state.

Post: How to use our money

Raphael PangilinanPosted
  • Posts 4
  • Votes 2

Ryan,

I have talked to a few HMLs and understand it more now. We currently are looking into San Antonio first then once we move to Texas we will look more into Temple area. 

Post: How to use our money

Raphael PangilinanPosted
  • Posts 4
  • Votes 2

Thank you!! For HML is it 10% down for us on purchase price then lender does 100% rehab?

Post: How to use our money

Raphael PangilinanPosted
  • Posts 4
  • Votes 2

Hi,

My wife and I own 2 rentals in Hawaii and we would like to scale our investment by buying rental properties in the San Antonio and Temple area in Texas. We have around 50k to start and we are not sure if we should use our money or should we use other peoples money as that is always what I hear about real estate investing. Our goal is the BRRRR strategy, we want to fix and hold and also do a some fix and flip. We are not sure about our lending options and should we do HML?