SO guys! my Triplex is paid off :)

[Jonathan Polanski]

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.

[Sunny D.]

you need to make money when you buy.

so all good on apts but no need to rush unless you get a value add opportunity .

also make sure you have a buffer of 50 to 100k to deal with the surprises.