I am looking to purchase a residential or commercial multi family in the Sherman/Dennison TX area.

Typical equity build up time is 5 years, depending on your market.But can you purchase another rental using your own capital?

His credit score is fine but his income is showing too low to get the loan, so I though maybe I could use my HELOC to make the purchase and do a Lease to Own.

@Ryan Daniel  I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection in relation to real estate investments.

Have as many people you can trust give you some advise about your purchase.  

I know our lease agreement specifically states that if a tenant reports a maintenance issue that ends up not being an issue at all it's the tenant's responsibility.  

In that time, I've purchased two duplexes in Beverly, MA.

Hi Fernando....I'm a broker looking for a company that does DSCR loans with no or very little seasoning to allow for the value instead of the Purchase Price.

Well, my original SFH purchased in 2010 still has its original S8 resident.

Purchase price: $220,000 Sale price: $225,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Archie Raglin, successfully purchased a property on Outlook St, Mission, KS, for $220,000 on 12/30/2024.