Now I found one that specializes in real estate investors that was recommended by an online mentor.

I would budget maybe 20-30k depending on how far you are going down.

Also available on all your favorite places to listen and buy music online 😅  JD you've gotta use your Moderator powers and talk to the BP leadership about creating an award for most wrestling gifs posted in the forums.

Quote from @Anthony Sigala: Quote from @Jaycee Greene: Quote from @Anthony Sigala: I am seeking a loan on a LTR that has a rent to value of 1.3% with the potential of 2%. 30 year amortization or interest only.

If you aren't planning on ducting, then mini splits can be the way to go.

Ghita, congratulation's on finding such a great deal on the MLS!

To make up the difference of the total price, I used seller credits, lines of credit, and second mortages on other properties. 

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.

@Arlinda RexhoWhen considering a 32-64 unit multifamily property in Texas, focus on strong locations with population growth, proximity to amenities, and low crime rates.

They should be bale to guide you more based on what you are looking for in the area.