All Forum Posts by: Remone R.
Remone R. has started 45 posts and replied 291 times.
Post: HELOC on Rental Properties. PENFED

- Auburn, WA
- Posts 305
- Votes 88
Update 2023* We did a Heloc on our primary residence(duplex) with Penfed at 80% ltv around 8% 3o year am with 10 I/O and 20 yr payback. Was a pretty smooth process. The only issue is if your property is in Texas you will need to have a homestead exemption to get the HELOC, which only took us a few days to get approved. And we do own a multifamily out of state as well, but no issues. Hope this helps
Post: CPA in Austin, TX with Real Estate Knowledge?

- Auburn, WA
- Posts 305
- Votes 88
@Lynn Currie i know this is a old thread but i figured i'd mention it. We were going to use Doug as our CPA this year as he did work with investors and was very knowledgeable but he unfortunately just passed few weeks ago fyi
Post: Real estate attorney In Jonesboro, ar

- Auburn, WA
- Posts 305
- Votes 88
Hello i wanted to see if there's any recommendations on a real estate attorney in the jonesboro, ar area?
@Jeff Andre I actually own property in Jonesboro Arkansas. Sorry no info on Georgia
Post: Portfolio cashout refi BADCREDIT partner GOODCREDIT how to SPLIT?

- Auburn, WA
- Posts 305
- Votes 88
@Douglas Hogue congrats on that deal! The way I see it you may have a few ways to do a cash out as it sounds like they’re all residential. You said your credit is shot but you just bought a house, is it too bad to cash out on those properties with over 200k in equity? As for the partnership if he has the credit I’d take the 60/40 until I fixed my credit then renegotiate those terms.
Post: Deal or No Deal-52 Unit Apartment Complex-South East

- Auburn, WA
- Posts 305
- Votes 88
@Ira Sullivan this could be a good deal with some good due diligence. I’d be very curious to what the seller may be hiding on this one because I’m sure there is something. C class properties can be a headache but usually pay off.
Post: looking for a CPA with focus on Real estate

- Auburn, WA
- Posts 305
- Votes 88
Post: looking for a CPA with focus on Real estate

- Auburn, WA
- Posts 305
- Votes 88
Post: looking for a CPA with focus on Real estate

- Auburn, WA
- Posts 305
- Votes 88
Post: looking for a CPA with focus on Real estate

- Auburn, WA
- Posts 305
- Votes 88