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All Forum Posts by: Yash Warke

Yash Warke has started 7 posts and replied 15 times.

Post: Real estate centric CPA in Atlanta

Yash WarkePosted
  • Atlanta, GA
  • Posts 15
  • Votes 6

Any referrals for a CPA in the Atlanta, GA area, especially someone that specializes in real estate? We have a CPA, but with real estate investment momentum this year and moving forward, we need professional services. Thank you in advance!

Folks, apologies if this has been posted already, but what do you all think about this?

https://www.washingtontimes.co...

Post: "Cash only" covers HELOC?

Yash WarkePosted
  • Atlanta, GA
  • Posts 15
  • Votes 6

Goal is to buy my first rental investment property. I agree using HELOC for the entire amount to own it outright is risky, as it may leave me short on funds for renovations/rehab (is there any other tofu involved?).

What does it take to go down the hard money path? It is my first time doing this, so not familiar at all.

I might just steer clear of cash only properties and consider only deals that require a minimal downpayment with a conventional loan.

Post: "Cash only" covers HELOC?

Yash WarkePosted
  • Atlanta, GA
  • Posts 15
  • Votes 6

Many sellers ask for "cash only" for their properties. If you have a HELOC that has enough line to cover the price, does that qualify to be a Cash only offer?

Post: Welcome new members for October!

Yash WarkePosted
  • Atlanta, GA
  • Posts 15
  • Votes 6

Hi everyone! My name is Yash Warke. Just recently joined BiggerPockets. Tremendous energy here! :)

I am in the Atlanta area and am getting ready to invest in rentals. Getting familiar with the basics, terminology, do's and dont's etc. Looking forward to closing my first rental in the next few months. First one will be relatively "turnkey", but looking to get more creative as we go forward.