All Forum Posts by: Tyrone Harris

Honestly, I really don't know, sorry. That might be a conversation to have with an attorney.

Depending on the overage, it may not be worth the effort.

I pray that it all works out for you!

@Erica, then you'd have to find out if the owner had any heirs that legally be in line for the property. 

@Stephen Glover Congratulations Sir!

@Joe Prillaman congratulations Sir!

Ms. Jennifer, definitely! I'm going to order the today. I appreciate the insight from you all!

Oh ok. Thank you Sir!

I get that! So let's say I go that route. In that BRRRR strategy am I refinancing the rental to repeat the process? Because I can't see refinancing my primary again.

I dont know, i'm only 5 years into my mortgage but, I guess I dont really care for the idea of starting all over with another one?

My thoughts were to purchase a rental property with the heloc, then refinance that property to pay off the heloc, rinse and repeat. Or do you think that's too unrealistic?

Thanks Jennifer. I'm looking for long term rentals to eventually replace my work income. I want to receive perpetual "mailbox money."

Thank you Carlos. I'd rather not do the cash out refi if at all possible, but I've definitely been hearing some good things about helocs!