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All Forum Posts by: Andre Houston

Andre Houston has started 9 posts and replied 42 times.

Multi-Family and Apartment Investing

Post: Trying to scale up from single family to multifamily

Andre HoustonPosted
  • Rental Property Investor
  • Renton, Wa
  • Posts 45
  • Votes 11

My name is Andre Houston I purchased 2 rental properties I never lived in them. I was finally able to purchase a house for my family so I have 3 total. I'm trying to figure out how to scale up to multifamily homes. I have about over 100,000 in equity in each home. My question is how do I use some of my equity to help purchase a multifamily? My debt to income is kind of high because its about 1 million in loans for all 3 homes. Should I use a private lender or a hardmoney lender kind of stuck thank u in advance for your help.

6 Votes
Local Real Estate Networking

Post: Trying to scale up from single family to multifamily

Andre HoustonPosted
  • Rental Property Investor
  • Renton, Wa
  • Posts 45
  • Votes 11

My name is Andre Houston I purchased 2 rental properties I never lived in them. I was finally able to purchase a house for my family so I have 3 total. I'm trying to figure out how to scale up to multifamily homes. I have about over 100,000 in equity in each home. My question is how do I use some of my equity to help purchase a multifamily? My debt to income is kind of high because its about 1 million in loans for all 3 homes. Should I use a private lender or a hardmoney lender kind of stuck thank u in advance for your help.

1 Vote