Hello Michael Davila I agree with Harjeet Bhatti ideally you would want around a 70% loan to value for that one house, if it is the only house in your portfolio.If you have multiple the 70% rule I would expand to the entire portfolio.I am currently in the same position of trying to leverage equity in my first home for another deal.Let me know if you need help with anything and happy hunting!

Not a great deal per se, but the area is growing with some cool millenial-oriented developments.

Hi,I am looking into developing a small 10 unit condominium in Downtown Houston.

Interested in connecting with inidividulas/companies which are into hotel development, special boutique/medium sized hotels.I have some land + developments available in prime location.So if you are interested, PM me.Thanks!

I deal with inspector in NYC and Westchester County and you tread lightly and sometimes you can't do anything about it. 

It is one of the last lots in a neighborhood development finished in 2013.

Some of the people I deal with are very confrontational, others we have a drink and write checks to make the numbers work out regardless of the paper work.I'd say if there is a good level of trust why doesn't the borrower just pay you for Y note from the proceeds of the sale without anything extra on the payoff demand. 

Upcoming developments also predict the changing areas.Thanks & Never give up!

I am looking to purchase a multifamily property in the Atlanta, GA area. 4-12 unit is ideal.

The major cons include high property taxes, difficulty finding positive cash flow (especially when using property management), and slow rent growth due to, among other things, rising supply of multifamily units being developed all around town.