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Updated almost 6 years ago,

User Stats

4
Posts
1
Votes
Michael Roman
  • Rental Property Investor
  • Miami, FL
1
Votes |
4
Posts

Rookie investor in need of expert advice. Scared to take the leap

Michael Roman
  • Rental Property Investor
  • Miami, FL
Posted

I’m thinking about trying my luck in the Houston area. I have $325k in equity and $115k in capital. I looking to obtain cash flow properties possibly with quads/multi family, single family, and town homes. My $325k equity is tied up in a single family 4 bed 2 1/2 bath property in Miami. Do I sell, or take an equity line of credit and rent? I’m scared to rent a 4 bed just recently renovated. What marked would you say I have the best luck in obtaining quality cash flow properties in Houston TX? Any input would be greatly appreciated. I’m an over the road truck driver looking for an out and a life I can be home more.

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