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All Forum Posts by: Barry Vaughn

Barry Vaughn has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: I need help with a purchase of an investment property

Barry VaughnPosted
  • Posts 2
  • Votes 0

Thanks Michael!

I am still new at the investment market. We currently have 5 homes bringing in over 3k after mortgage being paid. As far as apartments, how do you get into those? It seems that it would take more investment to be in that market. 

Thanks again for your response. 

0 Votes
Buying & Selling Real Estate

Post: I need help with a purchase of an investment property

Barry VaughnPosted
  • Posts 2
  • Votes 0
We have been property owners for 3 years. I did a 1031 exchange to purchase 2 properties totaling $260k. We have a total of 5 properties and are looking to add more. We have been looking for the right properties to purchase and found several. Question is should we use cash to make a down payment or use cash out refi on existing property to purchase new properties. Thanks
0 Votes