Borrowing from the equity must be done wisely, or you will end up with negative cash flow and be at high risk due to over-leveraging.NOTE: I use interest rates much lower than they currently are in 2024!

Its always cool to see folks from the EU come over and try their hand in US real estate.

. - Starts with 5% conventional loan for duplex - Move over to 4 plex property with FHA loan  - lowering expenses while we are on the proess.I guess the broad assumption for the duplex and the fourplex should be that both properties has to have positive cashflows.

I'll be in San Diego mid July, lets chat over Coffee!

My husband did a reverse 1031 exchange on a property over 20 years ago. 

A search on these forums over the past 2 years will surely help you network:)

@Michael LindeYou will need to get educated on it - start by going over to the tax lien and mortgage note forum here on BP and watch some videos on YouTube.Full disclosure - unless you have a few hundred grand to invest notes probably not what you’re gonna be looking for.

If it is over 6 months you should not have a problem getting 75% LTV. 

I can hear the wheels run over the tile as they ride back and forth (in an 800 sf apartment) for what seems to be like hours some days. 

That was over 10 years ago and it put the kibosh on the purchase.