Hi there,Just wondering if anyone here has any experience doing a HELOC with TD Bank, ideally in one of the 5 boroughs in NY, but anywhere really, would be helpful.I am working with my aunt who owns a 3-unit building in Brooklyn.

@Jesse HyderMy ideal Investor buyer must be a solid all cash buyer who has the ability to close fast and can provide POF and usually familiar with assignments or simultaneous closings.

Property taxes are a bit crazy in Wisconsin though so it all factors in.

Some want to use them as gating factors and if you do, you will stay on the profitable side of your deals.

Ideally, I would invest here in the Bay Area where I live in order to take advantage of a low downpayment (forgot to mention, I've been looking mainly at Homepath properties) and also to be able to self-manage.

there are quite a bit of factors that go into this decision.

Did sellers pay up after the fact? or

Having overseen over 1,500 units I totally agree that boots on the ground, management is the make or break factor.

We would then like to purchase another MFH (ideally 4 unit) within a year of our duplex purchase, and I anticipate that purchase being closer $300k (though hopefully less).We have $30k available for down payment and closing costs, because we were initially planning to put 10% down on a SFH in the $250k range.

I honestly expect every foreclosed house that I look at will have broken pipe from freezing, water or baseboard, and just factor that into my cost.