Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

Financially free always betas debt free, and taking on more "smart" debt is not only opposite of risky but actually the goal for the most seasonal investors.  

Feel free to PM me if you'd like to talk options.

Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

Purchase price: $747,500 Cash invested: $130,000 Back in 2021 I jumped on a duplex that has 4BR/3BA on each side and is walkable to The BeltLine (an area popular with ATL's younger community).

This means you'll get a good cash flow, but appreciation of the property will be low.In the phoenix area there is more ownership and less renting, but due to prices increasing faster than inflation we are seeing a rise in renters.

This negative position can consume years of cash flow to recover.

You are missing my point on taxes.Scenario 1:  Your partner buys the house at the same time you put your cash in.  

Hey Jaron my team and I are experts in this area feel free to reach out

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