What is your current BUY formula for properties in this market?

Property is in Nevada which requires 60 day notice.If I renew lease with the tenant for another year, but increase rent on 2nd month, would that satisfy the 60 day notice? 

Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.

My jaw dropped open at that amount for only 4 properties.

Of course my nosey self had to go look up your rental property.

Property values up.

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.

You can't do 1031 exchange for your share of the MF property.

Purchase price: $630,000 Cash invested: $120,000 Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.

I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payment.