I'm looking to sell and buy a small LTR apartment complex.  

Investment Info:Single-family residence buy & hold investment in Montgomery. 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

Lots of times, because the loan amount is so small, they will charge extra points to pad their fee.

Also don't forget to get an extra bank account for security deposits and set aside money for repairs.

You need to calculate your return on equity to see if it’s time to leverage that equity more, you also want to calculate your blended interest rate of the original loan and the the HELOC to see if that’s the best rate or if a cash out refi would be better.If I were you I would look at doing the same move again and buy another primary residence and turn your current house into your second rental.

I am looking  to buy my first multifamily within the next 3-6 months and am looking to open a HELOC for the down payment.

First step is to have 5 years+ of experience in buying, managing and selling commercial properties.

For example, an individual buys a residential property as a 1031 replacement.

Put in the extra work to refine your list and it will pay off in the response rate.

Hi,Has anyone used the above course for buying notes?