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Updated over 6 years ago,
SO guys! my Triplex is paid off :)
I own a Triplex free and clear thats bringing me 20% net.....it's worth about 250k....I purchased it for 160k....I'm thinking about taking out a HELOC, and purchasing a building for about 1.3 million. a 30-35 unit building. Would this be too large of a jump? This triplex is my first investment, and going from a triplex to a building.