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Updated over 9 years ago on . Most recent reply

User Stats

71
Posts
12
Votes
Andrew Martel
  • Investor
  • San Antonio, TX
12
Votes |
71
Posts

Hit A Wall

Andrew Martel
  • Investor
  • San Antonio, TX
Posted

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?

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