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Updated over 9 years ago on . Most recent reply
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Hit A Wall
Ok so here's the sitch (always wanted to say that :p).
I'm tapped out on equity, have only 20K liquid and need to fund a few properties. One is a low income property (under 45K) one is a 4 plex and another a duplex. The HML's i've contacted need more than I have to put down on the purchase and 20K is not enough to pull off all of these with traditional lending. I know I probably need to just select only one and go for it. If that were the case, I would go for the 4-plex.
What would you do in my shoes?