😅)I feel overwhelmed by all that there is to know when it comes to real estate investing and want to ensure I am as knowledgeable as possible before I purchase my first property.

I know it's the right move sometimes..  

Have the loan officer you are talking to model out both, so that you know you can close on the multi fam once you close on the HELOC.

@Jennaveve St Claire I know this is an old post but I’d be happy to discuss recovery housing with you.

You'll want to know the answer to these questions or you can get into a tough situation, especially if you are using commercial lending with DSCR requirements and covenants that you have to perform to.

Both you and your wife should take the time to schedule a session together with an asset protection attorney who knows Connecticut and New York law.Good Luck!

Knowing that you'll have a good amount of eyes on the property at your ARV of $3.5M, I think you would be able to get it sold in a decent amount of time and save some holding costs. 

Hoping to make some connections and attend some meet ups in Northern Austin if anyone knows about any.Regards,Jim

If you have anything for me, please let me know

Did you know that Limited partners or real estate investors can absolutely benefit from depreciation?