Hi Garrett, Doing a cash-out refi to pay off your current mortgage and turn it into a rental could work, especially with Atlanta’s strong rental market.

Some call a line of credit a bridge but its not its a open end mortgage and the lien is in second position.If you have any questions or want more info on the above types of scenarios feel free to reach out or send me an email.What you want in this current market is a cash out refinance unless you are trying to sell a primary or vacation home.

I'm currently looking at using a VA loan for purchasing a duplex to live in one side & rent the other.However in this market, it seems like even after I move out & into another property, most of the duplexes I've looked at won't be positive cash flowing, or break even.

I currently am doing 5% down. 

I am looking at buying a townhouse in NYC that is currently designated as an SRO with two rent stabilised tenants living on one of the floors and the other floor unit is vacant.

Out of our 22 MTRs we're managing, 6 are currently rented out like this.

I created the following decision tree diagram to illustrate the decision process (click to enlarge).The above decision process is based on the property’s performance record, with the goal of achieving financial freedom in mind.Financial freedom is not just replacing your current income.

I'm currently selling a 16-unit apartment complex.

Net effect, typically, means distributions are not taxed in current year, but do lower your basis resulting in larger tax bill upon sale.Depreciation reflected in the net gain/loss from rental box on K-1.  

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