All Forum Posts by: William Halick
William Halick has started 18 posts and replied 36 times.
Post: Retired at 34 with 5 Kids Thanks to 3 House Hacks—Here’s How I Left My $147K Job
- Investor
- NJ | PR
- Posts 39
- Votes 9
Nice work! Way to stay the course!
Post: HELOC to fund a rehab?
- Investor
- NJ | PR
- Posts 39
- Votes 9
HELOC can be good for this situation - then you can pay it down and use it again for other life events etc. We can help if you haven't already found a place.
Post: Help with getting a heloc
- Investor
- NJ | PR
- Posts 39
- Votes 9
We might be able to help you but would need more info. If you'd like to discuss DM me. TTYS Bill
Post: Advice needed for first property
- Investor
- NJ | PR
- Posts 39
- Votes 9
what advice are you looking for? How to do you first property? If so I can offer some ideas.
ttys,
Bill
Post: Rookie investors from New Jersey
- Investor
- NJ | PR
- Posts 39
- Votes 9
@Damien Andrews - sounds good, ttys.
Post: NJ Rental Market - Rental Property Green Flags?
- Investor
- NJ | PR
- Posts 39
- Votes 9
I bought my first property in North Jersey at the peak of the 2006 market - came to the closing with no money and walked away with $10,000, still own the home to this day - and it's still possible do near this today - so, it can be done with $50K or less (doesn't mean you should do it that way...) And having reserves or cash flow is key - will help you absorb any unforeseen situations. Agree - if you are not afraid of reno then the approach might be different. Keep moving you can make it happen.
Post: Newbie to Fix and Flip
- Investor
- NJ | PR
- Posts 39
- Votes 9
Sure can - will DM you 💪
Post: Rookie investors from New Jersey
- Investor
- NJ | PR
- Posts 39
- Votes 9
@Damien Andrews - Congrats on taking the leap! NJ investor myself - happy to help you navigate these unique waters!
Bill
Post: Looking a lender…
- Investor
- NJ | PR
- Posts 39
- Votes 9
Yes, Aceland Mortgage is physically in Puerto Rico and we do Fannie / Freddie loans here as well as Florida, Texas, New Jersey, PA and CT. Specifically for PR we can help with certain DSCR situations with a 65% max LTV. Property must be habitable now - there is not a renovation product. Short term rental income can be considered with PROOF, ie airbnb's yearly income statement etc. -everything is on a case by case basis for underwriting.
Post: Portfolio Builders Guild - September Meetup
- Investor
- NJ | PR
- Posts 39
- Votes 9
Please register here: https://www.eventbrite.com/e/1012990209987?aff=oddtdtcreator
THIS MONTH: JACK MALPASS FROM NEXT GENERATION TRUST COMPANY TALKS INVESTING IN REAL ESTATE WITH A SELF DIRECTED IRA
Hey everyone! If you are obsessed with Real Estate Investing, then this is the event for you. We don't have any gimmicks, gurus or sales pitches here. We are just a group of people with a common interest in real estate investing who help each other on our journeys toward financial freedom. Let's get together and meet each other and learn from each other!