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Updated over 7 years ago, 05/23/2017
New member from Miami
Hello everyone. Good to be here.
Anyways, I'm 25 and I am currently in process of buying my house. This is going to be my primary residence. After that i want to get into buying and renting. I am learning as much as i can and reading as much as i can on the meantime. After this closing i wont have any cash right after but i am giving 20% down for the house which will be 48k. If i get a heloc will i be able to have access to all 48k or a specific percentage of the equity of the house? Anyways, I will be focused on starting with an apartment or townhouse. I want to start small and eventually work my way to bigger multi-family homes and apartment complexes. I am extremely focused on doing this and hope to have my first rental by the end of this year.
Looking to connect with people here and start establishing relationships. Anyone from the South Florida area that can help guide me into the right direction or just give me some tips, i'll really appreciate it.