All Forum Posts by: Tyler Maten

I am a new investor in search for a CPA in Dallas, TX. Anyone have any great recommendations?

@Chris Mason Thank you for taking the time to break it down!! That makes sense.

@John Warren Thank you I really do appreciate your feedback.

@Dan Weber Thank you for your response.

*Disclaimer* I know things may depend on a variety of different factors, just looking for people's thoughts / experiences.

- Hello BiggerPockets crew!! I have kind of hypothetical question, possibly a couple questions that I would love to hear some different opinions on. I'm located in Dallas, Texas if that matters any.

- If I have a home worth 200k, it's owned free and clear. I currently occupy the home. I want to pull cash out of the home to buy a rental property, and also maybe use some of the cash to get into a fixer upper, flip. Would it be best to get a HELOC or do a cash out refinance?

- What are some Pros and Cons of each?

- To get a HELOC does the home have to be in your personal name or can it be in a LLC?

*Disclaimer* I know things may depend on a variety of different factors, just looking for people's thoughts / experiences.

- Hello BiggerPockets crew!! I have kind of hypothetical question, possibly a couple questions that I would love to hear some different opinions on. I'm located in Dallas, Texas if that matters any.

- If I have a home worth 200k, it's owned free and clear. I currently occupy the home. I want to pull cash out of the home to buy a rental property, and also maybe use some of the cash to get into a fixer upper, flip. Would it be best to get a HELOC or do a cash out refinance?

- What are some Pros and Cons of each?

- To get a HELOC does the home have to be in your personal name or can it be in a LLC?

Hey Andrew I also just recently graduated from college and am located in Dallas, TX! Always looking to connect with others with the same interest as me! Let's connect and see if there's any way we can help each other out!

 Thank you for the response. The home is currently my primary residence, and the comps for other properties in the area just like it were going for about 185k. There is no mortgage on the home and I am looking to cash out refinance for 100k.

 Hey Alex, thank you for the feedback. I will look into commercial the commercial programs.

Hello bigger pockets crew! I have a property in Grand Prairie, Texas that was purchased with cash back in April that I'm trying to do a cash out refinance on. This is my first refinance, and the lender I spoke with told me that I was over their limit for the qualifying debt-to-income ratio. This lender was kind of a bigger player in the industry, so I was wondering if there are any smaller "investor friendly" lenders out there that work in Texas, and people have experience working with. Also, if you have any suggestions or tips as I go threw this refinance process would be great to! Thank you so much for your time in advance!