All Forum Posts by: Ryan Guffey

@Kim Tucker Sorry, I didn't get a notification that I missed a reply. How much is it to attend these meetings? And would they be good for someone new to jump into or should I try amd get more first hand experience first?

@Kim Tucker Could you explain or direct me to more info on selling subject to existing financing? I'm not fully sure on the seller financing. I get hard money but I was hoping to wait until I know more what I'm doing before trying that.

@Chris Teti Gotcha, ill have to look into the unsecured business line, I don't know enough about them. But it sounds like it could be beneficial

@Pete M. I see, I think a rate/term refi coupled with the HELOC might be a better option for me currently along with checking on other options.

I think it is currently worth 140-150k and I owe approximately 114k with a rate of 4.375% when I talked to my lender i could get at least 3.5% and drop the PMI of or get it lower with a regular refi. Im not sure on the cash to get started yet. Trying to get my financing planned out first before to determine what range I should look in

I'm looking to start investing in the Kansas City area. I was looking to refinance my primary residence before I started looking at real estate. Now I'm looking for the best way to start investing, here are some of the options I was curious about. Would it be better to:

Refinance and potentially save 300 a month and save up for my first investment property?

Cash out refi and use that as an initial down payment?

Look into a HELOC?

Or are there other alternative financing options that would be better to look at first?

@Dan Krupa Awesome thank you. That doesn't sound to bad. I'll look around more online for some more info. I was worried about trying to get it while working, but sounds like it would help quite a bit overall

@John Fortes yeah that is one thing I'm noticing so far. Gonna need to work on setting time aside

@Dan Krupa do you know roughly how long it would take to get the license? And is that something that can be done primarily on nights and weekends?? That definitely sounds pretty advantageous. I was waiting to get the intro and info email to go though still

Could anyone tell me how long it would take to get a realtor license for Kansas city MO?

Would it be better to get a license before I start investing, jump in and invest then try and get it, or not worry about it at all?

@Brian Jones thats true. What area were you looking into around KC?