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All Forum Posts by: Ohm Apiwat

Ohm Apiwat has started 2 posts and replied 5 times.

All, 

If this question been asked before I apologize in advance. I have heard a couple of times that if renter asked to buy on a owner financing term it will be good for us. 

Is it a good deal for a landlord? What are the benefits of owner financing? What if they stop the payment? 

Thanks in advance. 

Post: Closed 3 Houses Today!!! $$$$$

Ohm ApiwatPosted
  • Investor
  • Houston, TX
  • Posts 5
  • Votes 0

Congrats. Awesome story. 

Post: Closed 3 Houses Today!!! $$$$$

Ohm ApiwatPosted
  • Investor
  • Houston, TX
  • Posts 5
  • Votes 0

Congrats. Awesome story. 

Post: Best way to finance flip/BRRRR project

Ohm ApiwatPosted
  • Investor
  • Houston, TX
  • Posts 5
  • Votes 0

Thank you, Lets say I have enough money in Heloc to go with a project. Should I use Heloc or hard money? Thanks. 

Post: Best way to finance flip/BRRRR project

Ohm ApiwatPosted
  • Investor
  • Houston, TX
  • Posts 5
  • Votes 0

All, 

I'm pretty new to the flip side of the business and already have a few rentals in place. What's the best way to finance any flip projects or even (BRRRR)?

Own money, Hard money, Personal line of credit, Heloc? 

I already have Heloc in place for a certain amount, should I use hard money which has more interest but less risk to my property? I'm working on getting a line of credit at 5% as well. Basically If I have all that in place, i don't need hard money? it seems lots of people in the forum are discussing about hard money. Thanks. I have many questions.