How much profit do you have in your current house?  

If anyone does this, theyre likely doing it as a favor and not a for-profit venture. 

Year over year we've seen impressive appreciation rates and often times investors are able to re-sell at a profit a year later with minimal to no work.

Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!

This means it can be very profitable if you buy at the right time, but can be brutal if you buy at a peak.

Angel investors might be interested, but you'll likely have to give up a portion of the ownership or future profits, and there could be potential complications in managing the investor's expectations and involvement.

Stay tuned for our next blog on tenant retention strategies for long-term profitability!

I have 2 options:- finance the construction pre-selling the apt, and take my profits (expected to be around 700K pre-tax); or- finance the construction with a 6-7%/year loan (collateral = my house), keep the 10 units, and once the building is completed in 24 months, rent them for circa 180K/ year gross.

agree .. other wise its just the bottom feeders looking to take his equity from him  with couching it as a rescue.. his best bet it to sell if its owner occ the profit is tax free .. regroup and start over.. 

This way, you only need to invest your profits once.Overall, I don’t think you should keep buying more properties and making down payments repeatedly.