You need an agent who’s more than just a salesperson—someone who truly cares, understands your needs as an investor, and knows how to balance deductibles when to insure, and when it’s not worth the cost.

We are paying almost $2k in interest only payments per month on the outstanding HELOC balance. 

My personal home loan has a mortgage balance remaining of 157,000 and it's currently worth 550,000.

The members of WBP are filled with go getters and go givers, because of them I have achieved more in my young multifamily journey that I ever thought possible.

I'd politely tell her that if she isn't happy there (which seems to be the case) you will give her the one time option of breaking her lease without penalty if she moves out within 30 days (eg Nov 15) and that she has until Oct 15 to decide if she will be staying or not.I agree with Kevin about phoning and then follow up with a brief summary of what you talked about via text.A lot of people here own a few places (not dozens) and most of us also have full time day jobs, so balance the two. 

Although if really needed, you could borrow against 401k, up to $50,000, not to exceed 50% of balance. 3) You have less money in your bank account for real estate, and instead held in a retirement account that only allows for stock market based investments. 

Second, research all you can to figure out which investments would benefit you the most in achieving your goals concerning RE.

Yes Grayson,Cashflow is hard to come by now.You shouldn't be looking at real estate to get rich tomorrow or gain massive amounts of capital now.But as you own the property for years the rents will increase, the asset price will rise, and your loan balance will go down.

🌟 AMA: How We Achieved a 4098% IRR in Just 58 Days!

When it comes down to it, let’s say that the child support income is less reliable than you initially thought, and you decide to evict a tenant and collect the balance due.