All Forum Posts by: Danny Webber

Anywhere but Austin, TX unless you can pay larger down payments or cash.

good for me man... i am about to list one of my rentals!!! 

if you cannot visit your property daily +/- i would avoid the deal unless you have a very, very, very,  super-very trustworthy and vetted team to do the work.

Anywhere off i-35 corridor is hot. Large urban areas are currently overpriced so avoid them. 

Become an assistant to an agent so you have access to the MLS/e-key and then just pay them to draw up the docs when you find a property you want to make an offer on.

or hook up with some reputable wholesalers and they will get you properties.

Get cash out of the paid off property via cashout refi- conventional or portfolio product.

Then, assuming you have the credit/income/assets buy your next with 25% down.

Local banks are better than national ones. I use a local bank for my portfolio loans. 

This is the Treasury General Acct. TGA

I am predicting that the Federal Gov't is going to dump literally tons of cash into the market prior to the election to make things look good. From an avg of 400 Billion or so to a current acct of over 1.6 Trillion.The current M2 (money supply) is at app 18.43 Trillion. So that means that we could see an almost 10% increase in the real money supply if these funds are spent into the economy.

If I am not mistaken the max QE done by the fed per month was around 80 Billion. This will dwarf that. You would normally assume that we would see inflation on  a grand scale. I believe we have already seen inflation in our daily purchase items but not in larger purchases. We may see deflation in those areas.

The government can always change how it measures inflation like they've done before which means we could see minor inflation in the news and major inflation in real life. See CPI vs CCPI & shadowstats.com

How would this affect us as investors?

#stimuluschecks

#UBI

#infrastructure#bailouts

#statebailouts

#citybailouts

#pensionbailouts

#inflation

#stagflation

I really have no clue what is going to happen. All speculation right now.....

Your thoughts?

There are not many if any programs for HELOC's on investment properties. You may want to check with a bank. You may be forced to do an A6 cash out refi for the inv proeprty.

I would check with a portfolio lender. 

1-4 units are hard in developed markets right now. Look in rural areas.

try homeadvisor