Should You Use a HELOC to Buy a Rental Property? скачать в хорошем качестве

Should You Use a HELOC to Buy a Rental Property?

Episode #646341 Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations: https://resimpli.com/biggerpockets?ut... Episode Show Notes: https://lnk.to/realestaterookieYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... Grab the Book, Buy, Rehab, Rent, Refinance, Repeat : https://store.biggerpockets.com/produ... Sign Up for the Real Estate Rookie Newsletter: https://www.biggerpockets.com/email-s... utm_source=youtube&utm_medium=description&utm_campaign=none Property Manager Finder: https://biggerpockets.com/findapm 78 Questions to Ask a Property Manager Before Hiring Them: https://www.biggerpockets.com/blog/qu... Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/a... Tony: https://www.biggerpockets.com/users/t... Before you buy a rental property, you’ll need to decide where to invest. Some rookies feel more comfortable investing in their own backyards, while others prefer to handpick a market that will give them enough cash flow or appreciation to reach their long-term goals. But which one will give YOU an advantage? Welcome to another Rookie Reply! Today, Ashley and Tony are tackling more questions from the BiggerPockets Forums. First, they weigh the pros and cons of investing out of state before debating whether you should get a home equity line of credit (HELOC) on your primary residence to help fund an investment property. Planning to do a BRRRR (buy, rehab, rent, refinance, repeat)? Then you’ll need to have your financing lined up ahead of time. Should you use a single loan to cover the purchase and rehab, or is it better to fund them separately? We’ll break down all your options. Do you need a property manager? Stick around for some crucial tips and interview questions that will help you make the right choice! 00:00 Intro 00:28 Local vs. Out-of-State Investing 09:00 How to Fund a BRRRR 16:52 Hiring a Property Manager 25:27 Send Us Your Question!