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Updated about 8 years ago,
Where do I go from here?
Hello everyone! I would consider myself an investor in his infancy. I am from Sugarland TX.
Currently I have 2 properties (one in Magnolia TX and other in Katy TX).
1st Property ($191k purchase price built 2013) is Netting $400 a month after all expenses (This was our 1st personal home then leased out)
2nd Property ($192k purchase price built 2010) is Netting $350 a month after all expenses .
I had put 20% down payment for both homes to avoid PMI.
The house we currently live in (2014 built) also was purchased for $350k with 20% down.
I have made additional payments on my current personal house and now my equity in it is about $160k.
I am confused as it to where to go from here.
Do I take a HELOC and get 4th home..5th home ? Or just ride as it is.