Zillow says its worth $290KRural Property MS – I own 30 acres Vacant with improvements (cabin and pavilions).

hi everyone i am a newbie and i have a question about a line of credit i want to take on my personal residence. i have around 650k equity on a million dollar home with 350k (mortgage + old line of credit combined). i wanted to take a new line of credit of about 500k to pay off the old mortgage and line of credit to be left with around 150k cash for some home improvements. i have been seeing rates around 5% but suntrust (link below) has an offer for 3.75% plus -.25% discount if paying from a suntrust account making the rate 3.5%. 

You're probably not going to end up with any cashflow, but if all the bills can be paid and you can live in one unit for under $500/month, you've likely shaved at least $1,000 off your monthly payment by renting out the other units, and can use that $1,000 in savings every month to save for the next property or make improvements to the current property and increase it's value and get more rents.The real problem with this projection is that no one has a real estate crystal ball, and far too much can happen with the economy and politics in the next 2-3 years to be able to accurately tell you what the experience will be like in Phoenix.A real easy way to experiment with this would be to look up 2-4 unit multifamily properties on Realtor.com or MLS, see what the units are renting for, deduct one of the unit's rents for you to live in, and then use a simple loan calculator to see what your monthly PITI would be vs. the gross rents.

The house that I live in now (great equity going in/low interest rate) I bought with an intention to stay 5 years do small improvements along the way (to increase value), and rent out to grad students after refinancing.

The HOA Declaration of Trust it states the following:  "No unit owner shall make any addition, alteration, or improvement in or to his unit or any portion of the common areas and facilities to which he has the exclusive use, which may affect the appearance, structure, or mechanical systems of the condominium, or which is otherwise restricted by the Master Deed without the prior written consent thereto of the Trustees.

Still my technical side comes out everyday and I think of tools I can build to assist in my search for a deal.I see so many opportunities to improve or simplify investors processes/business through the use of simple code.

hi everyone i am a newbie and i have a question about a line of credit i want to take on my personal residence.i have around 650k equity on a million dollar home with 350k (mortgage + old line of credit combined). i wanted to take a new line of credit of about 500k to pay off the old mortgage and line of credit to be left with around 150k cash for some home improvements. i have been seeing rates around 5% but suntrust (link below) has an offer for 3.75% plus -.25% discount if paying from a suntrust account making the rate 3.5%.

Apt 1: $675 1 BedApt 2: $800 1 BedApt 3: $550 StudioGross Monthly Income: $2025.00ExpensesRPU: $137.56 14/Mo. avg.MN Energy: $109.70 14/Mo. avg.Trash: $80/Mo.Tax: $221.66/Mo.Insurance: $125/Mo.Lawn/Snow/Maintenance: $160/Mo.

Subtract 4 years of depreciation and add whatever capital improvements you made. 

What is the fastest, most accurate, and most cost efficient way to get all of their phone numbers so I can market to them?