Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

8
Posts
2
Votes
Matthew Pagelsdorf
Pro Member
  • Investor
  • South Milwaukee, WI
2
Votes |
8
Posts

Best way to move forward?

Matthew Pagelsdorf
Pro Member
  • Investor
  • South Milwaukee, WI
Posted

I am looking to move forward with more properties and looking for suggestions on my thoughts to move forward.  I have been reading the forum and articles for several months as well to gain knowledge.

Right now I have a duplex I live in and mortgage payments and property tax are covered by the tenant's rent while I cover the other property costs from my full time job.  Right now I still have to live in the property and do not have the ability to house hack at this time.

I also have a single family home with approx. 85-95k that is 100% paid and has no loans and is rented out as well as about 32k in cash to work with.

I was considering an equity loan on the single family to utilize that equity as well as cash on hand for the next investment I make and was considering multiple duplexes or a 4+ unit.  I am looking for cash flow to accumulate cash for future deals and expansion of my real estate portfolio.

  • Matthew Pagelsdorf