Hey Peter,Sounds like you got a great plan.

@Brian GarlingtonWow, Brian, this sounds good!

HI Alex, sounds like you went through a similar experience.

Hi Teesha, Sounds about right. 

Ashly Frasso Not to sound weird but I had some money for a down payment, a 27-unit apartment came on the market that I liked, and I asked.

The offer sounds tempting since  the group has to finance about 3M$ (the rest comes from a bank with a low interest) and the building is bought about 1.5M below value, so when we sell we should expect a 50% return when selling which should be 3 years from now.The thing that bugs me is the way the building value was evaluated, i am copying a section from the presentation:"Market activity has shown similar properties consistently trading in the 4.75-5.25% cap range (refer to “Comparables” slide for specifics).

@Minh LeDon’t want to sound insulting here with these questions but these are things I would wanna know...Is this all through Email? 

Do you view cap rate compression as a bell weather for higher rents and thus even higher appreciation in the near term?

Real estate investing sounds easy and straightforward, but it really can be nerve racking if you aren't used to all the things that can go wrong.

Then I hear about this thing called a Home Equity Loan that, right now, would be paid back at a lower rate than 7%.Let's say I can get the cash together to outright buy the house and then take out a home equity loan at a lower rate than the banks are offering me for a mortgage on a rental property.This sounds like a good way to buy a property and pay a lower rate... but I haven't heard too much about people doing this so it makes me think that there are better ways to use the money that is put into buying that house...What are some considerations that need to be made?