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All Forum Posts by: Taylor Hall

Taylor Hall has started 7 posts and replied 16 times.

Post: First Rental Refinance - BRRR

Taylor HallPosted
  • Rental Property Investor
  • Navarre, FL
  • Posts 17
  • Votes 3

@Arianne L. I think you can also get delayed financing with a heloc too - yes? The only way to do delayed finance though is to buy the house in cash and not finance any of it upfront. Right ?

Example: 50k house. Have to buy it for 50k rather than 20 down and finance the rest - correct?

Post: First Rental Refinance - BRRR

Taylor HallPosted
  • Rental Property Investor
  • Navarre, FL
  • Posts 17
  • Votes 3

@matt  thank you for this! I will absolutely jump on these ! 

Post: First Rental Refinance - BRRR

Taylor HallPosted
  • Rental Property Investor
  • Navarre, FL
  • Posts 17
  • Votes 3

@Arianne L. This is awesome! And so funny as I read the thread- I too am in fort Walton beach! Would love to connect with you !

Post: Cash Out Refinance question

Taylor HallPosted
  • Rental Property Investor
  • Navarre, FL
  • Posts 17
  • Votes 3

Confused about a cash out refi with BRRR. Does it make sense to take out a HELOC for 80K. I buy the home for 60K, rehab lets say 10-20K. Since Id own the house outright, can I or do I (does it make sense) to cash out refinance to pay off the heloc? I guess I am trying to figure out if I use a HELOC, does it only make sense to flip to pay it off?

Post: Buying rental properties

Taylor HallPosted
  • Rental Property Investor
  • Navarre, FL
  • Posts 17
  • Votes 3

@Hadar Orkibi. Thank you ! I had a plan to

Buy a home a year but I wanted to be able to buy more than that in a year but not sure the best way to go about it. Do you have any good books you recommend?

Post: Buying rental properties

Taylor HallPosted
  • Rental Property Investor
  • Navarre, FL
  • Posts 17
  • Votes 3

I currently own two homes. One I live in and one I rent. I recently listened to the podcast with Ashley Hamilton and she spoke of buying houses in foreclosures or auctions for 3000 all in. My question is - how? I am in Florida and I’m

Confused at the auction or foreclosure processes. Don’t you take on the loan amount after you bid and win at an auction. I have a friend investing in properties that are foreclosed on in Ohio- and she has to put in a deposit- of 1500 then just closing costs and the house is hers. It seems a smart way to buy - having no mortgage and able to rent. But maybe I am just unsure how or where to find offers like that. 

Thank you !