All Forum Posts by: John O'Leary

Securing HELOCs on investment properties might have it's challenges. Maybe determine a cash-on-cash figure that aligns with your comfort level. If there's sufficient equity in any of your properties, it's worth considering the potential returns from deploying that capital elsewhere. I think many investors tend to fixate on low rates, often overlooking the returns on equity that remains tied up.

Are you paying cash or financing it? If financing, I'd check with the lender on a partial release clause if you plan on doing anything with the second tract. 

David and Joanna, welcome to BP! I'm based in Orlando and would be happy to chat about BRRRR financing strategies. There are a ton of valuable resources available on the platform, the knowledge here is boundless.

Greetings Daniel, welcome to BP! There's wealth of resources and knowledge on the platform. Educate, and take action. Best of luck on your journey!

Welcome to BP. What is your primary focus on?

Check out investorlift.com Plenty of wholesalers on there. 

Welcome Gabriel! What type of investing do you plan on making your primary focus? 

@ sole Angel Identifying a legitimate lender involves asking pertinent questions to gauge their credibility. Firstly, inquire about upfront fees, as reputable lenders typically do not charge them, and collects all fee's at closing. Secondly, transparency is key—ensure the lender provides clear information about all fees and costs involved line by line. I would also seek a lender who can explain the range of loan programs available to you. Consider a lending partner thats invested in your success, offering coaching and consultation to mitigate risks and foster mutual growth, which ultimately makes the loan less risky for all parties involved.

Welcome to BP Jorge! Why type of investing are you going to focus on? 

Consider beginning with a Regus office to manage initial costs, and as your business expands, explore other office space options. The commercial real estate market, particularly for office space, is hurting, allowing for negotiation including incentives like free rent, contingent upon the supply and demand dynamics of the market.