I have owned it for a very long time and had depreciated most of the original purchase price. 

I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.

We purchased the raw land fall 2024. 

Right now, I am renting but have a goal of purchasing a duplex, triplex, or quadplex in the coming months.

Purchase price: $275,000 Second investment property purchased in 2021.

So I sat on the sidelines being very impatient.While I looked for deals of 8 units or larger in Wisconsin, Michigan and Indiana I let my cash build up.

Brian,We see a lot of "residential" investors taking on larger deductibles than they have in years past, and even more so as we see rates increasing in a hard insurance market. 

Quote from @Adedotun Kembi: Quote from @Jeff Roth: Hi Holly from Georgia-You own a rental in Colorado and you are looking to purchase a new primary residence and possibly use the equity in the rental for the downpayment.You have two options I am aware of with the rental to access the equity:1.

Amazon and Costco are so big with such purchasing power, you can often find the lowest prices on what you need.

Hey James, I haven’t purchased land in Davis Park myself, but I do have clients currently flipping a home not too far and there's a lot of new construction happening in the area.