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All Forum Posts by: Stephen Morales

Stephen Morales has started 0 posts and replied 23 times.

General Real Estate Investing

Post: Best way to use built up equity?

Stephen MoralesPosted
  • Jacksonville, FL
  • Posts 23
  • Votes 11

Given your mortgage situation I would opt for taking out a HELOC. Keep your current tenant in place. Use the HELOC funds for another investment strategy such as funding fix and flip projects. I have a buddy who did it with his 1rst rental earlier this year. He's had two successful flips so far and after this third one he's looking to pay off the HELOC and roll the profits into his future flips.

4 Votes
General Real Estate Investing

Post: Investing in Wetland Mitigation Banking on Junk Land

Stephen MoralesPosted
  • Jacksonville, FL
  • Posts 23
  • Votes 11

 Thanks Wayne, I appreciate the insight!

0 Votes
General Real Estate Investing

Post: Investing in Wetland Mitigation Banking on Junk Land

Stephen MoralesPosted
  • Jacksonville, FL
  • Posts 23
  • Votes 11

Old thread, but still wanted to see if anyone could help. I have Dozens of mitigation land, wetlands, and conservation acres that one of my Investors threw at me to sell and I am having the hardest time trying to market them. Any tips would be greatly appreciated! 

0 Votes