Purchase price: $500,000 Cash invested: $100,000 Buy and hold multi-family property initially house-hacked prior to purchasing the single family in the burbs.

Direct mail still makes an impact too, especially when you’re targeting specific areas.

why are you wanting the LLC? 

Allstate says no to any trampolines at any of my Vegas properties.

But it is time to scale back to give us more time to focus on our family and some other projects.So now we are in the process of selling 9 properties in Colorado and 7 properties in Ohio.

@Michelle SharkoAnswering questions in step by step fashion:- Is it a good thing to do or not is a personal finance decision and it depends on the person asking it, their risk tolerance which in part has to do with how this HELOC or line of credit works and how your personality fares relative to taking on new debt (a person more adverse to debt might have sufficient savings and temperament to pay down/back the debt versus a financially liberal person might get in over their skii's as).

I recommend requesting a review or a new appraisal that compares your property to similar multifamily properties in the area to ensure a more accurate valuation.

Having the cash means you can balance a higher amount down to make sure you earn the cash flow you want monthly, but also leave some around for more. 

You don’t have to leverage it up all the way to reduce cash flow.

Had the chance to do this flip with a close friend that did not have to capital to take it on themselves.