All Forum Posts by: Trevor Wilcox

Hello, 

Can anyone recommend a broker or a direct lender that I could get a large line of credit from to fund the down payments + closing costs on turnkey investment properties? Ideally, this line of credit would be structured at a set interest rate with interest only payments for a period of 60 months. (This allows us time to raise rents plus appreciation over 5 years to then do a portfolio refinance to pay back the line of credit). 

It needs to be a line of credit and no other type of "one-off" funding for each deal. I've found one company/broker that is working on getting us funded now, but I just wanted to reach out to more brokers or direct lenders in the meantime. 

Thank you very much!  

 Where is this feature on Quicken? I only see calculators and options to apply for loans. I don’t see where you can input every property in your portfolio and the specific loan details of each and it live updates when remaining balances, current values, and equity estimates. 

Investors, and in particular those that do *not* manage their properties - how do you track your properties? Is there a program or software that allows you to easily observe all the properties in your portfolio, as well as their details? Perhaps displaying it in a format like a TD Ameritrade or other investing site. I know there are many property management programs available, but I feel these are geared more toward operating the properties rather than tracking a portfolio. Some of the things I'd like it to do/keep track of:

-Track purchase price, details of any loans, and current equity in the property as well as total portfolio equity

-Track current and past rents for properties

-Track total ROI for individual properties, as well as entire portfolio

-Track expenses, be able to upload receipts, bills, etc

-Track Debt service pay down, appreciation estimates, etc

NOT looking for management software like Buildium, Doorloop, Appfolio, etc   

Any suggestions are greatly appreciated. Thanks!

 Have you found a solution to this?