While it is also true that Chicago leans tenant friendly, you can mitigate a lot of that risk by investing in areas that have a stronger tenant base.

 Continue buying, keeping some and flipping Anything in my market where the net cap is 20% ish based on cash purchase. 

The chart below shows the additional cost for a base rate for situations including investment property.

They can take out enough for a down payment for the next house and a little extra to put into savings as a "What if" fund maybe 3-6 months PITI based on the new home payment.

Loan would be based on ARV and typically at 75% LTV for a cash out if you are looking to pull as much equity out. 

Based on the available information, here are some creative real estate financing and investing strategies for generating passive income:1.

Where I'm based in FL, I get HELOC requests all the time, but I tell them to start with a local community bank (over a big bank or broker like me).

YOU required she have a cosigner to rent and you're surprised a bank doesn't feel she's a good candidate for a loan? 

. $10k for a roof (at least here in my area) would be pretty low for most triplexes unless its a small area and no gables/valleys et) A new sewer line to the street often based on total length.

Investing internationally is a huge opportunity, especially now that the US model based on cheap debt is kinda broken, but investors need to know what they're doing or they need to work with people who know what they're doing.