All Forum Posts by: Aaron Howell

Hey @Quin Weidner !  Charlottesville is an excellent place for multi-family.  Finding multi-families for sale is the trick.  I purchased one about 2 year ago and its been a cashflow happy purchase.

Lan Smith with ReMax is who I use.  Excellent agent at good friend.  www.forsaleincharlottesville.com 

Find a Realtor that fits your needs.  If you know something is wrong likely he's had similar problems with other clients and he may not be cut out for Real Estate.  I had a similar situation a while back and found out that my "Realtor" wasn't a Realtor anymore.  I moved on.

This is a Dave Ramsey vs. Robert Kiyosaki answer !  

If you put the $ towards debt you'll still have debt left over but it will get paid off sooner but if you finish the 3rd unit you'll have $1300 extra per month to work with.  

I would go for the 3rd unit because you're going to be increasing your income and cashflow plus long term you'll have increased the value of the property by X amount of dollars which you could then apply to another property or toward those loans.

Once the Cash out of the Refi is spent its spent. No do overs. The HELOC could potentially be used over and over and as @Brian Ellefson said the HELOC interest is tax deductible.

Welcome @Marron Hak !  You are in the right place for learning about Real Estate.  Be sure to check out  the Education Tab and the Podcasts.

Glen Allen/Richmond is a great place to start !

Welcome to BP @John B. !  Check out the Education Tab and the Podcasts.  Bigger Pockets is an excellent place to learn.

Welcome @Jeanette Christmas !  BP is the place to learn.  The Podcasts are awesome.  I listen to and from work most of the time.  Check out the "Education" tab and the Ultimate Beginners Guide.

Welcome to BP @William D. !  You're in the right place !  Be sure to check out the Ultimate Beginners Guide under the "Education" tab and check out the Podcasts.  

Yes, yes and more yes !  Looks great !

Great thread... can't contribute anything to the mix but I learned something.  Commercial lending is a whole different beast