#362: How a Couple Used a HELOC to Buy their 4th Rental Property

Real Estate Investing with Coach Carson

Вміст надано Chad Carson and Chad Coach Carson. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Chad Carson and Chad Coach Carson або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

2M ago 37:17

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🎙️ Episode #362 – Kelli and her husband used a $223K HELOC to turn a distressed property with mold and water issues into a $2,750/month rental. By staying under budget and securing a higher appraisal, they successfully executed their BRRRR strategy. Kelli shares the secrets behind their success and offers practical advice for aspiring investors!

▶️ Next Episode: How to Estimate Repair Costs for Your Next Rental Property

https://podcasts.apple.com/us/podcast/339-how-to-estimate-repair-cost-for-your-next-rental/id1448707654?i=1000652540659

📄 Show Notes: https://www.coachcarson.com/helocbrrrr/

🎬 Timestamps:

00:00 - Meet the couple who took out a $223K HELOC

01:32 - Kelli’s Rental Portfolio & Real Estate Investment Journey

04:34 - Using a HELOC for Property Investment

06:15 - What is a HELOC?

08:56 - Finding the New Property

12:14 - Numbers and Budget for their New Property

15:02 - Property Inspection and Challenges

18:09 - Repair Stories and Project Management

21:49 - Property Before & After

24:02 - Financial Details and Refinancing

29:39 - Renting the Property and Final Advice

36:50 - How to Estimate Repair Costs

🔗 Connect with Kelli:

Instagram: https://www.instagram.com/the.d.i.y.duo/

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