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All Forum Posts by: Jack Tulloch

Jack Tulloch has started 8 posts and replied 444 times.

Post: Hello BP community! New to the site and just wanted to say hi

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

James - welcome to BP! 

Post: Aloha from Maui! Let’s GO!!!

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

Welcome Glen! Glad to have you on the platform.

Post: Stupid Cash flow on First Property

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

Congrats! Timed the market perfectly with the refi and the combination of long term and short term rents is bringing you some amazing cashflow!

Post: My First Flip Alone!

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

Christopher - that's awesome! 32% ROI is great, especially for your first flip.

Post: New Here. Interested in flips and wholesale.

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

Tyler - welcome to BP!

Post: Hi! We're Sara and Bobby

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

Hi Sara! Welcome to the BP community. I am in Austin but will visit Houston from time to time for various events. Would love to connect!

Post: Lender in Memphis- sub $100k mortgage

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

James, typically a small bank or credit union will be the best bet for a sub 100k loan. I unfortunately do not have one in particular I can recommend but if you call around to a few you should be able to find one.

Post: Pulling Equity Out of Investment Property.

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

Micah - as Dave mentioned, finding a lender for a HELOC on an investment property can be tough. That said, there are lenders who can do it. Smaller banks/Credit unions are a good place to start or getting in touch with an investor friendly mortgage broker is what I would recommend.

Post: Charting the course

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

Alexia - it sounds like you are already on the right track. You should continue to learn and network with others as you try to determine your next move. Reading articles/books, listening to podcasts, and going to local meet-ups are all great ways to learn and connect with other likeminded investors. 

I recommend honing in on one type of strategy and dedicating time to learning the ins and outs of it. For example, you mentioned multifamily, take some time to read up on multifamily investing. Reach out to other experienced MF investors, listen to MF specific podcasts, etc. I think this is a great place to start!

Post: Pocono Summit Airbnb

Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Posted
  • Lender
  • Austin, TX
  • Posts 468
  • Votes 580

Hey Tanner! Great looking property and listing. I really like the Poconos market and have seen other STR's do quite well there! The hot tub and game room will really make it stand out.