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All Forum Posts by: Kunal Datt

Kunal Datt has started 1 posts and replied 22 times.

Short-Term & Vacation Rental Discussions

Post: Using Equity to build rental portfolio?

Kunal Datt
Posted
  • Raleigh, NC
  • Posts 25
  • Votes 22

I have a similar but slightly different situation. I have about $750k in equity in my primary home. I spoke to the state employee credit union today and they offered a 4.5% interest rate on a HELOC on my primary home. Plan to use 200-300k to buy a rental property (duplex or a BRRRR SFH deal) in the near future. Is this a good rate? Is this a good plan?

0 Votes
Raleigh Real Estate Forum

Post: Raleigh NC Investment Properties

Kunal Datt
Posted
  • Raleigh, NC
  • Posts 25
  • Votes 22

I am trying to get into multi family investing as well. Yeah I saw that one on Brockton and sent it to my agent last week. They started showing yesterday and by the time my agent tried to book something it already had 3 offers (one of them sight unseen). Crazy market for sure. starting to think off market listings are the only way to go....Any suggestions for off market listings? 

0 Votes
Raleigh, North Carolina