All Forum Posts by: Sabrina Maples

I would refinance the 2 you have paid off and see if you can get creative with your financing to find 2 or more. It will lower your cash flow down a little on the two you own outright but then you will have new cash flowing properties. That's an amazing situation to be in! We are waiting on our first to be closed :) 

I'm excited people are still investing even in the times we are currently in. 

Thank you for in feedback. I appreciate it!!

I've been calling small banks here in Arizona and a few of then say that they need collateral for the line of credit. Specifically my home. Is this normal? Also my lender who I usually use, advised against doing this because he said many new investors get over there head and can't get out. My husband and I wanted to do the BRRRR method but he was suggesting instead of using hard money or a line of credit to just purchase it traditionally will equity from our home (which would not be enough for rehab and a down payment).

Any advice would be greatly appreciated. This is going to be my first deal and I want to make sure all my ducks are in a row. 

I have a 1 year old son and we are one 1 income and looking to having a portfolio big enough to be financially free.

I'll be joining the zoom call. Just added this to my calendar 😊