But you cannot just take it and spread it over multiple years at will.

Rent-wise, comps are about $2500/mo, which is just above break-even, but it's almost 18 years before it will be paid off.From an income tax-perspective, we are in the 24% bracket and both properties at this point mostly offset the principal gains with only ~$250/yr due for our KM condo and ~$100/yr due (estimated) for our Santee condo.Now that I am really attempting to understand these numbers for the first time, I see that we have a ton of equity that is producing zero cash flow.

I likely stand to get some sort of inheritance from him someday, and I think he'd roll over in his grave if I used it all for down payments on multiple properties with mortgages and leveraged up to my neck.

One needs an exist strategy, if you have multiple loans and hoping tenants will foot most of them.

Hi Paisley,Nice to meet you.We are looking for multiple family buildings that have some room for improvement.

Hi,    Im wondering if it is easier to borrow money  from one lender and pay it back or borrow from multiple lenders and pay them back.

Yeah, the interest increases your debt but if you can buy a good asset now you'll be amortizing that debt much more easily with multiple income streams.

I have some scars and lessons even with renting to Class-A folks now that I look back and put a classification in perspective.

He let the grass grow to high, his dogs chewed the baseboards and dug in the yard, He put a whole in the garage drywall with a barbell, and the fence is busted in multiple places.

Looks like AC is the same issue - instead of one, I’ve got multiple units.