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All Forum Posts by: Timothy J Wagner

Timothy J Wagner has started 2 posts and replied 3 times.

Post: Any Tips or Admonishments from experienced wholesalers?

Timothy J WagnerPosted
  • Real Estate Agent
  • Wylie Texas
  • Posts 3
  • Votes 0

I would like to thank everyone who has taken the time to leave a comment I very much appreciate it, it means a lot! Believe me, I know about the online gurus, I've been trying to avoid what they market wholesaling to be, that's actually why I came to ask on BP to begin with was to get realistic perspectives, even though it is a grind, I think it is a grind I am willing to make. I'm just trying to gain as much clarity on the process/systems to have in place as I can before I try it myself. 

Post: Any Tips or Admonishments from experienced wholesalers?

Timothy J WagnerPosted
  • Real Estate Agent
  • Wylie Texas
  • Posts 3
  • Votes 0

Hello and good day to all who read this, my name is Timothy Wagner and I am a newly licensed real estate agent in the state of Texas. I would like to invest in real estate myself sometime soon but I need more capital. I've heard my colleagues mention wholesaling as a good way to build up capital fast, and I'm curious what you all have to say about it, any tips, advice, admonishments? Would you even recommend it in the first place? Thanks!

Post: Anyone with experience HELOC's?

Timothy J WagnerPosted
  • Real Estate Agent
  • Wylie Texas
  • Posts 3
  • Votes 0

Hello and good day to anyone reading this. My name is Timothy J. Wagner and I have a question that I'm hoping someone can help out with. 

I'm new to real estate and am hoping to get on my own feet someday but at the moment I am helping my dad grow his own personal real estate business. He had applied for a HELOC but is worried about it being a variable rate interest. because of this, he is hesitant to go through with using the HELOC due to where the market could be going.

I'm curious if anyone has recently used a variable rate interest HELOC or is currently using one or a similar type loan, and what your experience has been like.

if you think we should go through with this HELOC I would like to know your reasoning, likewise if you are against us going through with this HELOC then please let me know as well.

Thank you for reading. This any help goes a long way, and I hope the best for all of you.