I was preapproved with that amount before, but it was for a single family, primary residence about six months ago.

Investment Info:Single-family residence buy & hold investment in Valdosta.

Tyler,Due to the property no longer being a primary residence (both units are rented) the best terms on a cashout refi will be 75% LTV.

There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.

My names Charles Aiello, upstate New York resident (Rochester NY).

I currently reside in Ohio where I buy SFR rentals and do a couple flips a year.

I think we have the option of taking out a heloc  and begin to invest elsewhere.The other idea , that I was thinking is paying off our primary residence which we owe 425k.

I am going to assuming it's a nice house if it was your primary residence and it's in a nice location. 

I am a complete rookie to the real estate scene, I am looking to house hack for my first residence out of college.

I figure if the equity we have cash flows better than similar equity in a single family residence in Utah would, then we should consider this AITD as a serious option.