Quote from @Jaycee Greene: Quote from @Mark Daniels: I know in residential lending you can get a HELOC to borrow a down payment to buy another property.

Quote from @Camille Romero: Thanks@Jaycee Greene!

My experience has always been better with a local lender.With that said, I am reaching out to David Greene's The One Brokerage about a refinance.

The combination of generating extra green cash with a biz and then investing in real estate for long term weath is the way to do it.

Quote from @Jaycee Greene: Quote from @Kaushik Sarkar: Hi,I am looking to invest first time with a turnkey developer,  who is buying the land and building a multi unit commercial retail center and some apartments.

Hey Hey @Veronica Mitchell - The most simple advice is to follow the CTA trainlines.I personally love the South East Corridor of Chicago which has Bronzesville, Kenwood, Washington Park, Hyde Park, Woodlawn, and South Shore.That area will continue to be gentrified because you have the lakefront and CTA trains.Others mentioned NW along the Blue and West along the Pink, Green, and Blue lines.

Quote from @Jaycee Greene: Quote from @Terrence Adams: Hi everyone, I’m Terrence, new to rental property investing and excited to learn from this group.

Quote from @Jaycee Greene: Nyet!

Over-budgeting is critical to ensure that renovations don’t eat into your profits.Market Fluctuations: If property values in your area do not appreciate as expected, or if you face a market downturn, the amount you can refinance for may be lower than anticipated.Financing Challenges: Securing financing for the initial purchase and rehab, as well as refinancing after the property is rehabbed, may be challenging, particularly if the property is located in an area with fluctuating values or if the rehab work doesn’t immediately improve the property’s appraised value.Tenant Risk: Rent collection and tenant management can be unpredictable.

@Jaycee Greene we're not interested in any more just yet.