There are numerous way to leverage the equity in your current properties.You can get mortgages against them, take out a LOC, or cross colateralize them.If you choose to cross colateralize them selling off properties can get a bit sticky since one property is pledged as security against another.

Most of them are on the border of the war zone (just over the river) but probably not bad.

They have tunnels to cross the streets, and roundabouts to make their turns etc.

I will send out letters next week and cross my fingers : )

Don't miss The BiggerPockets Podcast - they are great for learning how others are finding success.Oh - and be sure to set up some Keyword Alerts- especially for "Owens Cross Roads" so you'll be notified when people mention it here in the forums.Thanks again for introducing yourself!

In the state contract I had listed, ceiling fans, lights, refrigerator, range, oven, microwave, washer, dryer, dishwasher...and all those were crossed off.

It is like an economics class crossed with a real estate podcast.      

@Jeremy D.You can definitely cross collateralize your single families for the down payment on the multi-family.

That's what it seemed like to me, and in that case, I don't see any boundaries you crossed.

The LTV is just one component and you have to look at interest rate (fixed or floating, term to loan being called, amort. schedule, any recourse or personal guarantee, any cross collateral requested, any pre-pay penalty, can the loan be assumed to qualified purchase down the road, upfront costs to close the loan, qualifying standards for this type of loan, etc.)Amy the owners you are talking too sound non-motivated.