All Forum Posts by: Praise O.

Thanks Melvin, good  to know. I’m guessing I could do it with a portfolio loan correct?

I have 2 rental properties one has 78k loan left on it Appraised for 170k last year. The other was my primary residence until 2 months ago before I turned it into a rental. I have not had it appraised but with recent sales in my area it should appraise for at least 300k. My loan on it stands @ 198k.

My questions: if I want to use the equity in these rentals , can i do it separately or can I combine the process and get 1 loan using equity from both?

Is there an investor friendly broker that is willing to work with me on this?

I also plan on attending. I just bought my first sfh and considering getting into small multifamily investing in the next few months...

I just want to network with other BP ers :)

Hello BPers! Anyone know a plumber here in San Antonio that can give me a quote asap on replacing the sewer line onin SF property we just acquired.

Thanks!

Hi Byron, from a fellow pharmacist,  welcome to the site,  I was you a few short months ago. I was scared of starting as well but one thing that has helped me is joining a local RE club. 

I closed on my first deal in January.  It can be done.