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All Forum Posts by: Amanda Westland

Amanda Westland has started 2 posts and replied 2 times.

Post: Starting to Wholesale

Amanda Westland
Posted
  • Investor
  • West Chester, PA
  • Posts 2
  • Votes 0

Hello everyone,

My husband and I are in the beginning of our real estate journey. We have 2 rental properties under our belt and are expanding our portfolio as quickly as we can. To supplement the rental cash flow, I am very interested in wholesaling properties as well. I’ve been educating myself on the process, and have been networking with other agents and investors in my area (Greater Philadelphia) to start building my buyers list. 

Does anyone have advice on how to more efficiently build a potential sellers list? I’ve been driving for dollars, looking on my county court website for probate and divorce records. And while I’ve had some success finding people to cold call, I want to make this process more efficient if possible. I appreciate any advice from seasoned wholesalers out there!! 

Thank you!

Amanda 



Post: Newbie question! Balancing Cash Flow vs. Loan Payoff

Amanda Westland
Posted
  • Investor
  • West Chester, PA
  • Posts 2
  • Votes 0

Hi all! I am new to this group, and have a loan refinancing question. When evaluating your loan vs. your rental income, is it better to get a longer-term loan (i.e. 30 years) and have higher cash flow versus a shorter-term loan (i.e. 15 years) and have negative cash flow but pay off the loan quicker. 

Does anyone have advice on how to balance these decisions? 

Thank you!