All Forum Posts by: Sean Laney

Hey Zach, did you ever find a good bank for your investment property Heloc? I am looking for one right now.

Hi @Thomas Baldrick, I too would like to hear more about your experience. Would you be open to share more? I would love to hear more on your ROI.

Hi @Gord Stevenson, I was reading your post here on your condo. Do you mind giving me some details on your Return on Investment and how much you make of the Condo? Do you have to come up with money out of your own pocket ever to cover the loan, can you get a loan in Mexico without being a citizen, and what is the size of your condo? 

I live in Phoenix and would love to invest in Rocky Point as well. 

Thanks all for the responses. So what I am understanding is that with the right terms on a HELOC and the right investment property, the rents will not only cover the mortgage but also the HELOC and its interests. Seems like this will unlock some serious leverage for me. Can you guys send me any contacts for good rates and good LTV for my first HELOC?

@Jacob Henshaw do you mind Sharing your HELOC contact with me? Looks like you got a really good set up on yours.

Hi BP Community, can you tell me how you have used your HELOC loans successfully to grow your portfolio/cash flow? What was the scenario/payback structure/ and result on cashflow? I would love to hear about your success's.

Thanks for your responses so far. Let’s say you guys were in my shoes, what exactly would YOU do? Ultimately I will have to choose my path and I know there are MANY of them that’s what I love about real estate. But say this is your scenario how would you springboard to the next level?

BP Community, I am looking for some advice to take my investing to next level. So here is my situation... I have 3 single family homes here in Arizona, all rented and cash flowing. I have about $420k in equity combined in these homes. I also just bought and moved into a new home out here in Goodyear AZ (amazing area!) I couldn't be happier. So the problem is... I haven't added to my portfolio in a few months and I am getting the itch! I know I could do another single family home but is that the right direction? I am really looking to spingboard from here and grow more exponentially. I have thought about AirBnBs up in Payson/Flagstaff Area, multifamily, investing out of state, commercial, land purchases, etc.. I have also been thinking of how to better leverage my debt through 1031 exchange, Heloc, porfolio loans etc but dont have much experience in these areas. So tell me, if you were in my shoes what would you do?