All Forum Posts by: Sandi L.

Hello,

I recently purchased a condo as an investment property. I had to take a HELOC out on my primary residence. I am now in the process of getting the home re-fi. How can I keep investing in real estate when I do not have 25% cash as a down payment and can no longer draw from home equity? There is also not enough equity to draw from in the condo, as I just closed. There is a multi I am interested in and I have a relationship with the mortgage broker as he is a friend of the family. He would lend but I still need the 25% down. Any ideas would be appreciated.

Thanks!

Hello,

I have a question...If someone has a primary residence and a recently purchased investment property (within the last 30 days) does the investment property count as debt because there is a mortgage on it or does it count as income as there is a small profit (about $200/month).  

Hello,

I am not sure I will be able to attend, as its my dad's bday. But I will be there gor the next meet up. I'm new to investing and recently purchased my first income property.  I'm looking to keep up the momentum and looking for ideas on how to make it happen. 

I look forward to meeting you!

Sandi