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Updated over 6 years ago on . Most recent reply
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NEXT STEPS? after HELOC
Hi BP!
I am trying to put together my next step. I took out a HELOC, used that to rehab 2 duplexes that were purchased in cash, also another turnkey duplex that I purchased in cash. They have been rehabbed and most units rented.... SO my question is... what would you seasoned investors recommend I do as my next step? I have some confidence now and am looking to quit my job since I have replaced my salary with the rent. My properties are in Detroit and I have not been able to find a lender that does refinancing on rental properties...
What would you suggest my next step? I was thinking finding a small multi-family that I can get a mortgage on? But I am looking for direction and advice?
Thank you everybody!