All Forum Posts by: Robert Sprague

Hello BP,

Currently own a SFH long term hold in Indy and was wondering if there are any Virtual Meetup groups for OOS investors.

Thanks

Thanks for all the feedback. What if the property will cash flow negative when using HELOC for downpayment, closing costs etc... but when HELOC is paid off will have positive cash flow. Planning to cash out refinance in 6 months. Thanks in advance

@John McKee

Thanks and good luck

@John McKee

Thanks for the feedback

Hello I am currently in the process of buying first rental property and I have secured funds using a HELOC. Was wondering if I use the HELOC to pay for property in cash then get a conventional mortgage to pay back the money I used from HELOC is a good idea. Any advice appreciated.

Thanks

Thanks for the advice

Appreciate the advice. 

Hello BP just starting out and was wondering that if I use a HELOC for a downpayment on a SFR, is it smart to use my W2 job income along with the cash flow from property to pay off HELOC a good idea. Thanks