After I posted, she responded to my email with a pretty reasonable explanation. 

Equity loan from first primary home.

Equity loan from first primary home.

Also, if they're managing it for free that means that their management company probably stinks, bc their primary profit center (and priority) is the sale of the property. - Showing lower taxes than you would pay.

Benefits to invest in his business for some growth capital. new equipment purchase, and consolidation/restructuring of existing debt.I dont have any financial experience in regards to a business, and  just based on his explanation, something doesn't make sense with his income-debt(i dont know what exactly which is why i am here) My question is : " where is a good simple resource i can use to help me make sense of his books?"

Hi guys, I have been purchasing rental properties in TX and GA using conventional mortgage, but I'm thinking at some point in the future I want to purchase my own primary residence, and afraid that if I keep buying rental properties and maxing my leverage using my W2 income I will be too levered to buy my own residence.As someone that recently started out, I use conventional mortgage because of the lower interest rates and my lender doesn't charge me any origination fee (although not a fan of 25% down on small multi).

Hi all,I am new to BP and just starting to research how to start becoming a buy and hold investor under extremely limiting circumstances and was hoping the BP community could shed some light on the best financing strategy to use for my first few properties.Current Financial SituationA little background on my current situation: I am 28yrs old working in television in NY ( making roughly 55-60k a year- yes it is brutal) I just bought my first primary home 2 years ago in Williamsburg, BK to lock in how much I’m paying for housing year over year in a place where incomes don’t increase as fast as rental prices (2 bd for 340k (this is an HDFC which is how I got a home for this price in an area where the median price is 1.5 million) ) so obviously my DTI is extremely high at almost 60% with no other debts besides my primary home (I also have a roommate who pays me $900 a month for her room which helps with about half my total monthly housing costs) (had a great mortgage broker that really helped me wiggle in to my first home)I now have about 75-80k in equity in the home and access to a family trust with a similar amount of money in it and was looking for the best way to turn buying an initial first property all cash into the ability to buy more properties( out of state of course- looking at different areas in the country from PA to TX to TN to FL).

Help me understand this a little bit with a hypothetical scenario:-Let's say tomorrow I take out a 5/5 Fixed Rate HELOC through PenFed with 75% LTV on my primary residence and rate at 5.5% to have a line of $100,000 extended to me.

View report *This link comes directly from our calculators, based on information input by the member who posted.Hello folks,My wife and I are new to real estate investing and are looking to buy a primary residence, as well as invest in our future by building a real estate investment portfolio. 

Your father is older, and likely should not be risking his primary residence for an investment that is risky.Transferring it to your name at this point in time would be a high risk too.