All Forum Posts by: Tony Lake
Tony Lake has started 2 posts and replied 3 times.
Post: Management Software / App
- Property Manager
- Bowling Green, OH
- Posts 3
- Votes 0
My wife and I own an 11 pad mobile home park and have been manually managing it for about 18 months. We are looking to add a management software with app ability to help automate.
Any recommendations for good software options? Thanks in advance!
Post: HELOC Question on an Undervalued Property
- Property Manager
- Bowling Green, OH
- Posts 3
- Votes 0
Based on comps that a RE agent helped with, we would be purchasing our family homestead and I would probably be walking in with $50-75k in actual equity. The home is rural, so would need a septic upgrade and some cosmetic updates to make it fully functional.
I also wanted to have the line of credit open to help fund a brrrr that my wife and I are currently watching for. We currently own a small MH park that cashflows a little.
Post: HELOC Question on an Undervalued Property
- Property Manager
- Bowling Green, OH
- Posts 3
- Votes 0
If I am purchasing an undervalued property, can I get an immediate HELOC after sale to finish some needed updates?