Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

At this point everything is on auto pilot and someone could buy the property from me and just collect the rents.So, as an example that I'm making up for simple math: If the property is worth $700,000 and it's been consistently bringing in $50,000/yr in net revenue, could I sell the property as a business for more than the property is worth (eg $850,000)?

I read about people who purchase a property, obtained some equity, and used the HELOC on that property to buy their next.

I do believe it will help, giving me access to the MLS and can run comps and have knowledge of the market.Also, will be looking to house hack and buy and holds if I can get all the pieces to fall together.Will be attending meetups to network.Will be searching for my own deals with some local realtors.

The seller signed a contract that MIGHT have said “if anyone that looked at the house while we have this contract ends up buying your home you owe me a commission.”  

What I have found is if you go directly to owners and talk about their needs you can often fit them within your buy box.

The company only buys nice, newer homes5.

Buy-and-hold investors should explore opportunities in these locations. 

I want to use the equity from the house to buy more real estate, but most lenders require my name to be on the title to prove ownership.