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All Forum Posts by: Sherri Born Camirand

Sherri Born Camirand has started 1 posts and replied 1 times.

Out of State Investing

Post: Pull equity, 1031, buy 3-4 4 unit complexes. Out of State

Sherri Born CamirandPosted
  • Posts 1
  • Votes 1

We currently own 4 homes. 3 single family homes and our primary , which is a rehab. We break even or couple hundred cash flow per rental. We know it is better to purchase multi complexes. Looking into San Antonio area or smaller outlying communities. Each property has about 200K equity. What is the next step or approach. 1031? Seeking advice to grow the portfolio larger but with positive cash flow.

1 Vote
San Antonio, Texas