All Forum Posts by: Tara Jenkins

This helps me a lot. I think I may stick with the HELOC because I'm still learning about investing and analyzing properties. I wouldn't consider myself 100% ready to jump in just yet. I need more knowledge on the financial aspects and analyzing deals. We would like to BRRRR the next multiplex we buy. I would like to close on a deal by the end of 2019, but will need a few more months of learning under my belt.

@John Warren Hi! Sorry to piggyback on this question, but I also have a similar question. My Husband and I bought our 2 flat which we house hack about 6 years ago. Between appreciation and work we put into it we definitely have equity in it. We were discussing rehabbing our first level and decided to get a line of credit in order to pay for the rehab. Now, we decided holding off on the rehab and putting the money towards a multiplex. Should I call the bank and switch from a line of credit to a cash out refinance? I don't believe it is too late to do that since we only had our yesterday. Thoughts? We don't have PMI on our current loan.

We used a credit union for the line of credit on the house.  Can we use this money as a down payment on another property? 

Hi, my husband and I bought our 2 flat which we house hack about 6 years ago. Between appreciation and work we put into it we definitely have equity in it. We were discussing rehabbing our first level and decided to get a line of credit in order to pay for the rehab. Now, we decided holding off on the rehab and putting the money towards a multiplex. Should I call the bank and switch from a line of credit to a cash out refinance? I don’t believe it is too late to do that since we only had our appraisal this morning. Thoughts?

Hi! I am a newbie.  I would like to attend this event and have 3 other people who would also like to come.  Do we buy tickets at the door?  This is our first event.