All Forum Posts by: Sharon Porter

Does anyone knows anything regarding co-brokering? I was looking at some properties that says co-broker. Explanation is needed. What does that involve?

Thanks for the information where I can get a HELOC loan to buy other properties.

I would like to know where I can get a HELOC loan beside the bank. Is there anyone who knows if anyone other lenders does that type of loan.

I purchase it as an investment property. I spoke to someone from a mortgage company who told me I only could get $25K out to purchase another property. That didn't make any sense. So I wanted more clarity on that part because I heard about repeat purchase once you buy your first property. Thanks for the information. Hopefully, I will get better clarity on purchase another property soon.

Thanks David. It is clear that the LLC would be the one who get the funds.

What is the best way to purchase additional property if you need to take money out of the first property to make that purchase? I am a new investor and purchase my first deal in May.

Welcome Melvin. I also is a new Pro member of BiggerPocket and I am from Boston MA. Looking to connect with other investor as well as learn some new things about investing. I bought my first investment property 2 months ago.

I am a new investor and just brought a property in my LLC name as well as put the insurance in my LLC name. I am understanding that if I file a claim for my property in the LLC name. I wouldn't get any money for it? I have to check with my insurance.

I have the same problem with a property I just bought. The tenant want to pay cash for her portion so I sign up on Rentredi. I got this from biggerpockets resources.