All Forum Posts by: Antoine Martel

10-12%

@Wougi Heap of Birds

Congrats on making that leap. I have made the leap as well. Then a HML is a good choice. I have used Lima One Capital in the past and they are good.

Wougi. 

This is a great question and I'm glad that you are building up your rental property portfolio. 

Why are you looking to use a HML? Why don't you get a conventional mortgage at a much lower rate. I have some group who will do this for you if you have the finances to get a conventional mortgage.

Robert. 

Your thinking the right way. Using the equity in your home to buy rental properties is a great way to build wealth. I would still mortgage the rental properties that you are buying so that you cash on cash returns are even better. 

Are you looking to buy these rental properties out of state? I am in Los Angeles and invest only out of state. I'd love to talk to you more about how you can go about investing out of state! 

Reach out and lets connect.

Alex.

Before you begin to spend your time and energy on getting a license. I think you need to first ask yourself why? Becoming a real estate agent and going through the courses will teach you some things about real estate but nothing about real estate investing. To learn about real estate investing you need to spend time learning from other investors and there are plenty of those people here. 

A real estate broker is above a salesperson. A salesperson works for a real estate broker. A broker can start a brokerage and a salesperson cannot. You can only get your salesperson license right now. Then once you have had your sales license for two years you can get your brokers license. 

Alan.

As soon as possible. Time is of the essence. Your team will help you find deals as well so remember this. Just be up front with these people that you are meeting. Tell them what you are looking for and what you need to do in order to accomplish your goals. I have built my teams in cities before I have even looked for properties and I have built teams after I have found deals. I would recommend doing it today. Call people in your local area and start building your team. 

Get an escrow company to do it for you. Or sometimes you can find it online through the city or county portal.

Jorge. I invest out of state full time and would love to share how I do so. Reach out to me and we can connect. I have flipped houses and have a rental property portfolio out of state. I have built teams in multiple markets and would love to share how I have done so!

Adam. Welcome to BP. I like that you are open to investing out of state. It is a huge country out there with plenty of real estate opportunities. Especially if you are already traveling then it wouldn't be that big of a pain for you. I invest out of state full time right now and haven't visited a lot of the houses that I own. I'd love to share how I do so and what my strategy is! Reach out and let's connect.

I invest in TN, OH, and MO.