Hi everyone,Have you recently bought a house in the NC coast at the current high interest rate?

However, when I purchase the home it was being used as a single family, therefore, the loan I currently have is for a single family.- When I bought the house, I renovated the apartment and it is currently being rented out.- My question is do I do a cash out refinance or take out a HELCO (the mortgage broker I used originally advised that)?

You can buy another primary once you vacate your current primary and converting into a rental property.

I currently have 5 units that I purchased with my own money, and I am now turning to friends, family, and colleagues to raise capital for future purchases. 

I was unaware of this particular situation until a current client of mine alerted me to this post.

BTW - I'm not currently buying in this market.

I’ve also heard a few investors say that it’s a good rule of thumb to set aside 10% of my gross income every month for CAPEX.

Hi I’m purchasing a home in weehawken that currently has a tenant in smaller upstairs unit not renovated.

I currently flip land with my own money.

So, a typical budget for each of those is 5% of rental income or 15% total for all 3, which for you is $225/month.2.