Tiarra Delaney
New to Real Estate Investing: Advice on Next Steps for Cash Flow and Business Setup
25 January 2025 | 6 replies
Leverage equity, explore house hacking, and continue learning through books, podcasts, and local networking to refine your strategy.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
From there, work with a reliable cash-out refinance partner to continually access your equity, allowing you to keep non-taxable cash on hand for future investments.
Rolayne Taylor
New Beginnings 2025
24 January 2025 | 21 replies
You might also look into learning about BRRRR (Buy, Rehab, Rent, Refinance, Repeat), a popular method for scaling a portfolio.Network Locally: Engaging with local investors and attending meetups in markets like Dallas or Fort Worth can provide insights and connections that are invaluable.You'll find that momentum grows quickly.
Jordyn Ohs
Best way to pay down or off a Heloc
16 January 2025 | 2 replies
You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.
Paola Astrid
Refinance DSCR Conventional?
26 December 2024 | 15 replies
DSCR lenders are going to want to verify you are not living in the property when you start the refinance.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
:) Is it still cash flowing after the refinance?
Blair Ross Jr
Rental Property Purchase
21 January 2025 | 4 replies
If you go the rehab route, you can refinance when finished with the work into a DSCR loan to get all/most of you initial investment back if you found a good deal.
Alpesh Parmar
Need HELOC for a property under LLC
30 January 2025 | 21 replies
Refinances are still active, slim pickings but some players are out there who are direct lenders, flip loans are also available (75-100K) min property other than conventional and gov backed loans.