But if you want flexibility and quicker access to cash in the future, HELOC may be more suitable.Yes, you could do either option again later if your property builds more equity!

If he is just a seller, I’d just tell him to stick their property up their net assets.I wonder if he would just disclose his numbers and accounts if I say… you hold the bricks but I hold the access to the $$

Since the platform has direct access to your financial data, it can prequalify you for loans, streamlining the process when you’re ready to expand or refinance your portfolio.

It is true that certain policies will accumulate significant cash value, but you either have to put in several thousands for a certain amount of years and let it season for a bit (Life Insurance Retirement Plan) or you pay your monthly/annual premium for quite a while and wait until you're in your 60's or 70's+ to have access to a good amount of cash value (Variable Universal Life).

By doing so, you can maintain an investment property while still accessing funds to support your cash flow needs.

And if that is the case, then I think moving into a duplex would be a good ideaIt looks like you have pretty good income, coming in compared to your expenses, so I would say open up a HELOC on your home in order to access some of the equity that you have in your home.If your home appraises at 360k and you own around 160k then you could likely get a loan for around 130k.

This will free up cash flow by reducing the high-interest payments.You can also refinance your rental to cover the $40K balloon and possibly access additional equity, but avoid selling the rental since it's cash-flowing well.

My unique approach combines deep market analysis with a strong network of motivated sellers, ensuring you access the best deals before they hit the mainstream market.I’d love to know more about your target market areas and buying formula.

Does it validate the bump in rents... this is going to be out of the scope of 95% of LPs out there who don't have access to Co Star etc.Age and Condition of Property:Assess the age of the property (e.g., 1960s-1990s).Evaluate potential maintenance issues and the adequacy of contingency budgets for older properties.

Again, location is key for this, parents want their kids leaving for college to be safe, what are the best areas of Waco that also have easy access to campus, those are questions to answer to judge profit potential.