All Forum Posts by: Richard Jenkins
Richard Jenkins has started 2 posts and replied 4 times.
Post: First Time Investor, Looking For Connections
- Posts 4
- Votes 2
Quote from @Nathan Gesner:
Quote from @Richard Jenkins:
Go to BUILD YOUR TEAM and search for local meetups. If you can't find any for your area, consider connecting with other investors in your area and starting your own group
Post: First Time Investor, Looking For Connections
- Posts 4
- Votes 2
Hello, I'm new to real estate investing and Bigger Pockets. I have started my journey of making connections for a OOS SFH in the Oklahoma City area but feel like I'm asking too many or not the right questions. I like to be thorough but I might be turning off potential agents. I don't feel that's right but each is their own. Maybe because I don't pull the trigger fast enough. I try to avoid as many mistakes as possible. So I'm posting this to hopefully make connections a different way.
Thank you in advance and look forward to all the help and advise.
Post: Utilizing Primary Homes Equity: Maximum Ratio?
- Posts 4
- Votes 2
Thank you David for the advice. I'm very new at this so still not sure of all you said but will figure it out. My primary residence is 100% owned (no mortgage). Value is around 750-800k. Credit score of around 810. Looking to purchase OOS SFH for around 150k. Target city is Oklahoma City area.
Post: Utilizing Primary Homes Equity: Maximum Ratio?
- Posts 4
- Votes 2
My primary residence is paid for and would like to use part of the equity to start investing in long-term SFH rentals. Would utilizing up to a maximum of 50% of the available equity be too much to take out for investing?
I thank you in advance for all your input and advise.