All Forum Posts by: Juan Ayala

Thank you

I'm considering opening a HELOC on my personal residence to potentially use as capital for future real estate investments. My question is: how will this HELOC impact my debt-to-income (DTI) ratio, both when it's opened and if I start using it?

Specifically, I’d like to understand:

• Does the full HELOC limit count toward my DTI, or just the amount I actually draw?
• How do lenders typically treat HELOCs when evaluating you for future loans?
• Would it be smarter to open the HELOC and let it sit unused until needed, or does even having it open create a DTI concern?

Thanks in advance for any insight or experience you can share!

Do you have a buyer's checklist or know where I can obtain one for due diligence on a residential single-family home? More precisely, I'm going to look at a potential off-market purchase and would like a form to fill out while performing the walkthrough.

Do you have a buyer's checklist or know where I can obtain one for due diligence on a residential single-family home? More precisely, I'm going to look at a potential off-market purchase and would like a form to fill out while performing the walkthrough.

Im unsure but I believe it is asbestos siding

How important is it to install new siding on a BRRRR strategy home?

Hello, Ryan. Add me to a list of people to whom you will send these listings. You may also email [email protected].

Is there any Battle Creek investors? I encourage you to join us at our monthly Southwest Michigan Real Estate Meet Up, which takes place every third Wednesday of the month at 311 W. Michigan Ave., Battle Creek, MI. It's an excellent place to network and connect with like-minded people.

So I need help. My tenant is on disability and would like me to complete the form to have the rent deposited directly into the business bank account. Is this okay to do? Has anyone else dealt with this? Are there any problems with this?