As a Project Manager, when diving into a new initiative, I'd sit down with a project charter with our VP, and ask questions to gain a full understanding of the expectations of a project.

I am currently a student at Texas A&M University and I am very new to real estate investing.

Added new windows.

Should i continue off the same lease or create a new one?

In car sales people come to you looking for a new auto.

My new appraisal was lower than expected.

. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).The remaining $50k from the HELOC could go into fixing/rehab of the 12-units.Then cash-refinance the larger amount from the 12-units to pay off the HELOC in one lump-sum (as much as possible), then using the cash flow from the apartment to pay off the rest of the HELOC.Repeat the process with a new apartment.1) Does this make sense? 

Hello BiggerPockets community! I'm Romny from Philadelphia, Im a rookie investor trying to learn everything I can before jumping into my first deal, I think i might be mainly interested in buy and hold multi family bu...

I've owned a couple rental condos that I sold in years past, but I've never dealt with the sale of an apartment building so I'm pretty new to this. 

Excited to be here!