All Forum Posts by: Tim C.

Is it normal to roll closing cost, and escrow into refinance loan?

@Jack B.

I also have multiple loans with CMG and have been looking at aimloan for a Cash out refinance. Can you please provide any details?

@Kristina Modares if you don't mind me asking what bank did you use for the loan?

@Lexi Teifke

To my understanding you cannot get a HELOC in the state of Texas unless it is homestead?

Costin I.

Would you be willing to recommend a commercial lender that will provide a LOC without homestead exemption on a rental property?

Welcome to Austin!

I recommend touching base with @Danny Webber he is an investor that is very familiar with the the Cedar Park area who can give you some pointers and connect you with the right people. I also recommend reaching out to @Lexi Teifke for property management.

Thanks for the good vibes, Im looking forward to reading and learning from all of you guys. 

@AJ Leman I will definitely tackle that book list as soon as have a chance. Thanks.

@Ryan Kelly I would love to connect, I'll DM you soon.

@Allan Bishop Jr. Thanks for the recommendation, Poem is great I had actually already connected with her and have attended one of her meetups. She really knows her stuff. 

@Jordan Moorhead They are located in the Cedar Park area, Im looking to stay in that surrounding area if possible. 

Hey Bigger pockets community.

My name is Tim and I'm from Austin, TX.

I'm a newbie looking to educate myself on the buy and hold strategy with rental properties. I have one property that use to be my primary residence and is now a rental. The property doesn't cash flow much but I do have someone paying down my mortgage.

It's about time I take some action steps and execute on a 3rd property to keep the momentum going. BP has proven to be a great source of information and has plenty of knowledgeable experts. I am looking forward to learning and eventually share my knowledge.

I would like to say thank you for all that take the time out of their day to contribute and share their words of wisdom. I look forward to hearing from you guys. Cheers and have a great day!

@Kyle Stanley

I would start by taking a look at PenFed credit Union.

@Joe Scaparra

Do you mind sharing the locked fixed rate? Also, is this for a non owner occupied Property?