All Forum Posts by: Tim Alhanati

I live in SoCal. My sister is moving to Vegas. She would most likely end up renting a place. I've been thinking of purchasing a investment property in Vegas. Is it a bad idea to mix the two? Buy a place for her to rent back to me? I would also like for her to eventually benefit from some of the profits if I were to sell down the road since she'd be paying for the mortage. I would just help supply the down payment (and get a little bit of cash flow) Thoughts? Thoughts on how to structure something like that so I'm not accidentally putting either of us in a bad position?

My wife and I currently own and live in our townhome in OC. Estimated 300k in equity currently. Would like to dip my toe in investing in rental properties. We would like to move into a bigger, forever home in the very near future as well and keep current property as a long-term rental. I bought the townhome knowing I'd eventually turn it into a LTR. I'm guessing we'd be spending $1mm-1.5mm+ easily on our new home living in OC.

My parents live in Peoria, AZ so always thought of the idea of investing in AZ. Don't have a ton of capital currently on hand. Looking for ways and strategies to get started. Thought of a HELOC on current townhome to cover investment property down payment costs, but not sure how that would be affected if we moved out of the townhome in a couple years. Would love to hear some feedback!