
19 January 2017 | 2 replies
(This doesn't cross collateralize your properties, if you run separate mortgages)5) Keep the equity in the house and use it only as a show of strength in the next loan.Whatever you do, get that second unit rented out (assuming you aren't living in it).Good Luck,Jim

20 January 2017 | 6 replies
Jim

23 January 2017 | 3 replies
Thanks for inquiring Jim!

19 January 2017 | 5 replies
Originally posted by @Jim Adrian:@Christopher HutchinsDefine goals.

6 April 2017 | 8 replies
Good point Jim, although there are still areas in Chicago where the rent to expense ratio is still attractive and can find good cash flowing rentals.

19 January 2017 | 2 replies
As Jerry W. said, you would be responsible for the mortgage payments on the HELOC.I'd get an attorney involved and not try to do this alone.Good luck, Jim
20 January 2017 | 2 replies
Jim Kennedy reached out to me not too long ago and has been great help.