Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

Tony,Do you have any properties that do not have a PPP?

The units are pretty much turnkey, but my analysis shows that the property will barely break even.

A colleague recently closed on a 12-unit property in San Antonio and shared that a 6.8% cap rate, combined with lower property taxes, made it a no-brainer.

Have any of you ever successfully assumed a VA loan on an investment property?

Is it advisable to have an account for each property?

We are looking to buy our first property in the Baltimore, MD area.

That could help manage tax liabilities while keeping the property in the family.

Have you gone to the township zoning to see if you could have the property legally split.

The other contributing factor was the poor property management and sponsor asset management of the properties.