Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
How to start on multifamily? Refinance?
I have one free and clear SFR investment property that has appreciated $80,000 on the last ten years and a second property around the same area and same price range which I currently owe $40,000 over the next 20 years and receive a cash flow of $200/mo. I have been interested on multifamily properties for a while, however I am not sure what will be my next best financial decision to make. Should I look into multifamily and cash out from my single family properties? Or is there a more clever way around this situation?