All Forum Posts by: Carmelo Caceres

@Cory Lucas

It's definitely both, but I don't know where to start. Current mortgage is a VA loan and I don't know what's more beneficial; converting the current loan to a conventional loan and re-use a VA loan to buy another property or refi and pull cash out to buy another property. I don't want to rush and make a mistake leaving better opportunities on the table.

I recently bought an investment property in 2019, a duplex to be exact. Property has gained some value:

-One unit was remodeled.

-I haven't refinance.

-Estimated home equity 90,537(could be more with upgrades after appraisal).

-Looking to refinance but haven't signed any papers yet.

-One unit is generating a estimated cash flow of 2,000 a month after expenses.

What are my best options? Looking to get creative with great advice fellow investors.

Thanks in advance!

Looking for a mentor in real estate investment. I have a partner both first time buyers and we interested in starting a real estate business. Spanish speaking a plus but not a must. Please help, will be appreciated. Thanks !