All Forum Posts by: Bret Halsey

Has anyone seen or heard about Ace Properties? I've seen this guy on social media and am wondering what exactly his business model could be defined as. He said that it was somewhere in between a wholesaler and a turnkey property company but I'm not sure how he really makes money. It seems to me he does the heavy lifting for investors in terms of finding, doing due diligence, putting offers on, and setting up management for a specific property, but I am not sure whether he buys them and sort of flips them short term or assigns them like a wholesaler would or even some other way. I'm curious because I think I could do something similar and love the deal analysis/presentation side of investing but not sure how my services could be compensated. Any input appreciated thank you!

Hey Marie, I would be interested in those products! I'm mostly concerned with getting access to the higher LTV and I understand it comes with higher rates on investment properties. Would it be offered in Utah?

@Kerry Baird 

Wow thank you for the info! Will definitely look into these more to see if they can provide what I need.

Hey y'all, I owner occupied and house hacked my current residence for nearly a year and am looking to open a HELOC on it. I am moving out to do the same thing all over again but would like to access the equity built in it already from this crazy market to value add my new place. Anyone know of banks/lenders/credit unions that will offer a product for an "investment property" (technically since I'm not going to be living there anymore) up to 90% LTV? I've reached out to a couple credit unions but they seem hesitant/have stipulations for "investment properties" for example providing only 70-80% LTV on HELOC products. Any input appreciated, thank you!