I have a bunch of equity built up in a couple of small multi-family properties and I would like to take cash out to do two things: (1) force appreciation by making improvements to currently owned properties, and (2) purchase additional rentals.

Since the home cannot be rented for a year it allowed the year for improvements to drive up rental income.

Seller added the following revision for an AS IS sale:"Buyer hereby represents that he has personally inspected and examined the above referenced premises and all improvements thereon.

Great flashlights and extra batteries that fit, super long extender ladder, korkers/or other brands over shoe to go over your steel toe boots, GFCI tester, moisture meter, a dog nose, an extender mirror, shovel to check foundation moisture, respirator as some properties have gross smells or chemical exposure, regular retractable tape measure forget the laser one, 5 gallon bucket, zip lock baggies, brown paper bags, putty knife, variety of screw drivers,Are you checking basements?

Questions:• I'm not sure how much to hold back for Capital improvement.

I have a beautiful wife and 3 wonderful children and my dream is to improve our lives and future and set my children up for success. 

I have a beautiful wife and 3 wonderful children and my dream is to improve our lives and future and set my children up for success.

Took a 90 LTV loan and made a handful of cosmetic improvements.

Welcome to BP and congrats on the salary improvement!

Propery is 400k and improvements 100k to 150k.