If you convert it to a rental and sell later, you may owe capital gains tax + depreciation recapture, unless using a 1031 exchange to defer taxes by reinvesting in multifamily.Leveraging $100K in equity via HELOC or cash-out refinance can help fund the next deal, but ensure rental cash flow covers debt, expenses, and reserves.

There is loans that cover the purchase and rehab so you could explore that.

He doesn't cover how you pay off the loan if you over paid by buying off the MLS, which is where he is teaching people to buy properties.

This information is then linked in the database—think of techniques like pulling signatures from mortgage documents and extracting unit counts/construction types from building permits.This allows you to search my name and instantly see all of the rental properties and construction projects I own, even though they are well covered by holding companies.

Flips have done good not great, Air Bnbs are going good not great, and rentals all were brrrr'd perfectly but like most cash flow just enough to pay the bills and cover expenses.

I also think $1250 is too high for a 2 bed/1 bath in PTown.

Let’s break it down.Moving to Your Next HomeYour equity could help you cover the down payment for your next home.

In 2022 I purchased a 3-bed/2-bath condo outside San Diego for $535,000 with intentions to buy and hold.

And that's where they get in trouble.I have never taken money out of our REI portfolio to cover living expenses.

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.