You could also let each new property pay back the money you borrowed against this one to eventually pay the HELOC back down.If you are looking to really go for it and get into commercial/ apartments I would sell this and go for the 1031 as suggested by @Caleb Heimsoth.

My wife and I are relocating, have found a lovely home for ourselves, just received the home inspection...Aside from some minor to moderate issues...Polybutylene piping is in the home...House is approx 2,200 sq. feet...Assuming we can come to a meeting of the mind with other issues, what do you feel cost to remediate this plumbing?

So glad to be a part of this community!

I've got my eye on a 15 unit apartment in excellent condition (asking over 700k). 

I've got my eye on a 15 unit apartment in excellent condition (asking over 700k). 

-there are several apartment complexes nearby.

So my question(s), what sort of things should i provide back to the agent regarding conditions, contingencies, if i find things aren't right during the process (i.e. inspections, etc)As always your help is greatly appreciated.  

And I need at least one more successful house “flip”, if you will, to allow me to purchase a cheap $15,000 apartment somewhere in foreclosure so that I can use that as my legal homebase and therefore qualify for Hardmoney or private money loans to do what I want to do. 

Hello all,I have a four plex(Minnesota) that was signed this weekend, and inspection next weekend.

Just a lot of student housing and apartment buildings from what I saw.