All Forum Posts by: Tyler Cotter
Tyler Cotter has started 3 posts and replied 30 times.
Post: Question about structuring rental investment partnership

- Posts 32
- Votes 12
Hey David,
I sent you an PM to explain some options for you. Hope that helps. Cheers!
Post: rentals in Winston Salem NC

- Posts 32
- Votes 12
Hey Rachelle.
Im seeing STR becoming more and more popular these days due to the loan options and cash flow. Lets get in touch!
Hey Juan,
Kinda of a loaded question but ill do my best to help out. When it comes to primary residence we also need to consider quality of life, and what you personally feel comfortable living in. For some that may be duplex, condos, or SFH. Next, in regards to a loan, your going to struggle finding a traditional loan in regards to building a complex. This will also have other concerns, such as building costs, holding costs. A majority of which will have to be in cash/ or from hard money/ building loan. Condo's are an option, but often come with high HOA.
Another possibility could be single family, condo, townhome, and house hack per room if you feel comfortable doing so. This not only provides cash flow, but goes directly towards many peoples main expense (their primary mortgage.) I hope this helps clear the muddy water. Cheers
Hey Ignacio,
I'm near you in CALI. Lets get in touch! Talk soon
Post: I'm in Miami and I'm seeing homes stay on the market for 19+ days

- Posts 32
- Votes 12
Hey Jean,
In todays market, even with raising rates, homes are selling incredibly fast. However, there are a few homes that are overpriced and are feeling that effect by staying on the market longer. Hope this helps.
Hey Roland,
I couldn't agree more with the gentleman above me. It's incredibly difficult to determine the short term market. The old saying " better to buy and wait, than wait to buy." That being said VA combined with a house hack could be a very good route to go. I currently service Florida. Ill reach out and see if i can be of service. Talk soon.
Post: Lenders for Renting Out a Second Home/ Vacation Home

- Posts 32
- Votes 12
Hello Alexandra,
Where's the vacation property going to be? I'd love to chat further. Ill send you a message and see if I can assist.
HEllo Zach,
Alot of these questions comes down to the individual's situations. In general, A HELOC is an open line of credit/ revolving door. If your going to use HELOC money on REI, understand that will be a long open line of credit. HELOC rates are currently higher than current refi rates. REFI also allows for the possibility to spread the equity/ debt over 30 years. Love to talk more. Ill reach out in messages. Wish you the best.
Respectfully,
Post: Building out a team and in need of a good broker

- Posts 32
- Votes 12
Hey William,
id love to chat. Ill send you a PM
Post: Alternatives to FHA for low down multifamily purchases

- Posts 32
- Votes 12
Hey Josh,
You definitely have some options for less than 10%. Ill send you a PM to explain some options. Talk to you soon.