my condolences on your recent lost.there are a few ways you can do this, as mentioned above you can take a heloc on your primary residence which will give you a second mortgage, first mortgage payment wont be impacted. you can do cash out refinance which will give you one mortgage and payment. it will pay the old mortgage and give you money in your pocket to pay for the rehab.or you can do a renovation refinance which is similar to cash out refinance but we would contractor involved  as part of the refinancing and they are paid through the loan

That being said, I have no idea what the land by the airport is worth or what they will be able to do with it. 

Know your market cap rate and you can quickly determine whether property is worth a closer look. 

if so you will need multiple properties - don't believe all you hear about the cash flow in Detroit. 

You've done well with your Class A rental, generating $500/mo in cash flow, this adds up over time.

You don't provide enough data to know.Every product is only worth what you are willing to pay for it. 

Hi.I am getting another multi family in forth worth And have no experience on the west side of that areaAll my rentals are in dallas Any idea how is the market in fw?

I can leverage my WLI cash value to purchase it outside the banking system.  

For LLCs, it’s true that many investors start without one, but with significant assets and your husband’s profession, asset protection is definitely worth considering.

Specifically, I would encourage you to continue to seek local opportunities for equity growth as well as seeking out-of-state or upstate opportunities for cash-flow (i.e.