All Forum Posts by: Derick Davis

Thanks for the response David, I did try Wells Fargo but I was not approved, I have a 685 fico, you can forward me your contact and Ill reach out to them, Ill also try the local credit unions in the area, however, I dont live in that area but ill still try them out, so were you able to access the equity in all of your rentals?

Hello all, I have a SFR that i have about 50k equity in, I have a 15year note, payments are 995 and it rents for 1250 a month, Im thinking about selling next summer, my question is should I sell this property and invest the funds into a 4 plex or multi-family units or should i jump into the buy and flip game? I have a stable W2 but i am feeling that I either need to acquire more property to build my portfolio quicker. I have tried getting a heloc but since it is not my primary I have not had any success. So my question is what would you do in this scenario, I greatly appreciate all and any advice

Love this site, I am currently a buy and hold investor that has 1 sfr that i have owned for 10 years in the south arlington area, looking to grow my portfolio and knowledge!