I would then take out a HELOC to leverage the equity she has built up over the years (current value of the home is about $800k) for a down payment on an investment property or two.I was recently advised that putting the house in a trust, rather than adding my name to the deed, and putting myself as a beneficiary would be smart for estate planning purposes and give me access to commercial loan options as well as residential.However, I want to know if there is a major difference between the amount I would qualify for on the HELOC if I were to apply as a Trust or as an individual.I would assume either way the bank would be looking at my income to debt ratio and make a judgment that way.I appreciate the feedback!

Hi All,I have a question on a commercial loan for a duplex that I have under contract in TN.

So my regular 9-5 contract gig is ending soon. 

You'll probably have to compensate them for their time (something like $100) as you do not own the property nor have it under contract and GC's do not like having their time wasted with individuals who are simply seeking free bids and won't use them or are looking for a free tutorial.

I was able to get a contract on the house and should be closing by the end of July.I'm now starting my search for multi-family homes for next phase.  

Take it and pay it off within 5 yrs.You have 2 land contracts I'd guess? 

I have a house under contract.

You are smart to start at 25 and build your future early. 

My fiancé and I currently have a 3 family in Albany,NY under contract and just recently had the inspection done.

She is very smart.