Once the HELOC is in place, your father-in-law could loan you the funds to invest in real estate.

Looking to invest in long term hold multifamily.

@Ayyoub Aj - As someone who invests in the Kansas City market, I've seen how the landlord tenant laws have gotten more complicated over the years.

How SB-423 Accelerates Coastal Development: // Faster Permitting ·For projects with 150 units or fewer: - Eligibility Review deadline: 60 days from submittal - Approval deadline, including Design Review: 90 days from submittal · For projects with more than 150 units: - Eligibility Review deadline: 90 days from submittal - Approval deadline, including Design Review: 180 days from submittal · No public hearings or environmental impact reports for qualifying projects // Smarter Development Rules · Excludes high-risk areas, like those prone to sea-level rise · Ensures projects meet affordability and public investment requirements // More Housing, Less Uncertainty · Projects stay approved if at least 50% of units are affordable and include public investment beyond tax credits · Opens up new opportunities in previously restricted areas · Clearer guidelines help developers plan with confidence

Anyone have experience investing with Roers Companies, developer and operator of new multi family properties? 

Louis or has invested in St.

With the cash-out refinance, the new loan would be approximately $1.2M.I plan to invest the $600K into rental properties with a hopeful average cap rate of 10%,… the goal of covering the mortgage payments on the $1.2M loan as well as the expenses for the rental properties.Does this approach seem feasible?

If y’all could help with finding out if this is worth purchasing is a good investment.

Investment Info:Single-family residence buy & hold investment.

The previous year's Property taxes as an out-of-state rental were $5,893 at a $266,868 Tax value.If this is an investment property, you would need to get at least $3,500 in rent per month.