Who do you turn to for advice on your next purchase?

[Kirsten Milliken]

I currently own 3 SFHs, including my residence. I have an $80k heloc on my primary residence that I took out this year in February to purchase a rental property in IN. The property is valued at $160k. I am planning to move in May and want to buy a new home in TN.

I feel like there are a million variables to figure out the best option for financing my next purchase. Equity in my current homes, loan rates, savings, DTI, etc...

Other than summarizing my financial life on BP, who do you turn to for help identifying the best strategy?

[Lamont Chen]

@Kirsten Milliken

Perhaps a combination of a RE investor savvy financial advisor in combination with a local lender?

The financial adviser can give you a perspective of risks, etc. based on your short and long term goals.

The lender should be able to help you strategize what could be done with the various properties so that you qualify for the new home based on your situation.