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All Forum Posts by: Young Park

Young Park has started 6 posts and replied 64 times.

Post: PLOC to BRRRR?

Young ParkPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 64
  • Votes 43

Hi BP!

I was wondering if you were to BRRRR using a PLOC to buy & rehab, would that affect your DTI, therefore affecting your cashout refinance?

Also, does anyone know the current PLOC interest rate? How much do they lend?

Thank you.

Post: Best Cash Flowing States & Why

Young ParkPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 64
  • Votes 43

@Mike D'Arrigo

I'm a new investor and would really appreciate it if you can point me where I can find information on searching for strong economic & demographic trends. Thank you in advance!

Post: Out-of-state investor looking in KCMO/KCK and Property Manager

Young ParkPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 64
  • Votes 43

Hi Lane! Good to see you here.

That sounds great! Can you give me more info on when/where, please? 

Thank you.

Post: Out-of-state investor looking in KCMO/KCK and Property Manager

Young ParkPosted
  • Rental Property Investor
  • Dallas, TX
  • Posts 64
  • Votes 43

Hello BP members!

I have been listening to BP podcasts, reading books, and attending meet ups to learn more about RE investing - came to a conclusion of investing in buy-and-hold properties out of state (Thank you, David Greene). I currently live in Hawaii, looking to start building portfolio of SFH (then transition to small multi-units) in KCMO/KCK area using the BRRRR strategy. I am interested to know which areas you guys would recommend that will have ARV of ~$80-100k for SFH. Looking to avoid war zones. I'm looking for property manager(s) in these areas. Thank you all!

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