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Updated over 3 years ago on . Most recent reply

Shane Blackshear's profile image
Shane Blackshear's profile image
Shane Blackshear
  • Realtor
  • from Austin, TX
  • Member since Aug 26, 2016
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User Stats

51
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18
Votes
Shane Blackshear's profile image
Shane Blackshear's profile image
Shane Blackshear
  • Realtor
  • from Austin, TX
  • Member since Aug 26, 2016
Connect
Shane Blackshear
  • Realtor
  • Austin, TX
18
Votes |
51
Posts
Multi-Family and Apartment Investing

My plan for acquiring the next property...

Shane Blackshear
  • Realtor
  • Austin, TX
Posted

I'm ready to buy my next investment property (most likely a multifamily). My plan is to do a cash out refi on one of my properties and use that to put 20% down on this next property. I might also take out a HELOC on another property to finance any rehab needed on the next property if I don't have enough cash left from the cash out refi.

So I guess my question is - Do you see anything wrong with this plan or a better/easier/different way to do it. Thanks.

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