All Forum Posts by: Ricky Graziosi

I'm buying my first properties soon and am wondering which of these would be the best strategy or if there is another way that would be better. My goal is to buy and rent out long term. I have the houses lined up but have questions on which would be better to start with.

Options:

1. Buy 2 properties with commercial loan at 4.5% pay off in two years and get HELOC. Continue to buy properties using this and fixed mortgage conversions.

2. Buy 4 properties using commercial loan at 4.5% and pay off in 5 years. Get HELOC and continu..e the same.

3. Buy one property with cash and get HELOC on it. Use this to buy more properties granted this would be more difficult due to how small the line of credit would be.

4. Potentially something else? .

Please look at this as all houses rented out and flowing cash positive. All of them falling between . between 1.5-2% rule.

Thanks!

Thanks guys. @Ryan Landis can you pm me the names of some of them? I have looked around quite a bit but most look pretty spammy to be honest. 

@Ryan Landis thanks! I have been listening to them and started from the beginning about a week ago. Great stuff in those. I am not sure of you regularly connect with those in the bay area but I would love to do so if you are open to or know any groups that would be good to join?

Hello all! My name is Ricky ******** and I am new here. I am originally from the South now living in the Bay Area. Background is in Information Security and Payments but looking to achieve many things through all types of investing. Currently getting into real estate investing and trying to learn and help anywhere I can. I am active in other forums and am a personal finance junkie. I am an expert in payments but am a newbie in real estate. Look forward to connecting with you guys and learning as much as possible! If there is any way I can help you guys please feel free to reach out!