It all depends on what you want and what you're trying to achieve.Personally, I have never done an additional payment to any rental but I have focused heavily on paying down my primary residence.

Calculate the infrastructure cost to build and maintain per 1000 residents for:- miles of road, sidewalks, streetlights- miles of utilities: water, sewer, gas, electricity, internet- public services: police, fire, snowplowing, public works, trees and green spacesAnd then people complain about taxes.

If I am understanding correctly, this is a primary residence duplex with a VA loan and you want to do a cashout? 

Why are you buying in Birmingham AL instead of Philadelphia if you reside in Abington, a suburb of Philadelphia?

I would like to convert my current primary residence to an investment and rent the home.

(whatever it is you use).Some people borrow against their personal residence with a HELOCK for this needed cash, but I've seen those go bad in several instances, and the results were not very pleasant for the borrower.In many instances working a second job can allow you to set aside cash, or you might inherit it, or find a cash filled partner.But the bottom line is, initially your success is measured by how much cash you have to invest.And be careful of Hyperbole.Good Luck!

Hello everyone, My name is Gabriel Camacho (26) - Currently reside in CT .

I've also been pre-approved for a $125K HELOC against my current residence, which I plan to use for the rehab and landscaping.

(vii) would seem to indicate that you'd be acting as an unlicensed broker.(1) "Broker":(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business; and(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property; or(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and

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