Would you rather set it and forget it and not need to refi again or rather take advantage of low/no closing costs on this loan and plan to be more aggressive on your rate at the time of your refi?

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.

@Elizabeth King Your property does not need to be in an LLC to benefit from real estate tax advantages.

This is a great place to learn and to connect with people so take advantage of all the great resources.Welcome aboard and best of luck investing!

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Hi @Michael KlickThere are several advantages to uses a HELOC.

Preferably 3 deep in each of those categories.

This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.

Your strategy takes advantage of your employment cash flow and ability to control discretionary spending.