(not 1 year of full ownership yet, but prolly have 25% of home value by now)- good credit, not much CC debt and no other debt, around 25k savings cash.Options: - either pay down the student loan with a home equity loan around 3-4% if possible, take out 50k home equity loan, 30k for student loan and 20k id throw to my 25k cash and buy another rental- leave everything as is and just take out 20k home equity loan to boost up cash and get another property around 200k for a rental investmentANY IDEAS appreciated, and even happy to connect to tax CPA-s in New Jersey area.

He is also a great contact to perform your cash out refinance.

In commercial, there is no "pre approval", what there is is a LOI, or letter of intent, but you need property and performance information before.

Hello Landlords and Property Managers of BP,I have been working on a research project for a while to look at how common and alternative screening methods predict different aspects of what I'm calling Tenant Performance (including Payments, Vacating, Maintenance, Cleaning, Interactions with Landlords, and Causing Damages).

Even less so if you can't even view the credit reports and are just relying on the Smart Move computer generated recommendations.As their current landlord, you already know how at least two of them perform as tenants.You already verified their income is substantial, more than enough.... that's good.No legal history problems... that's good.Simple fix for the collections.... verify that the collections are valid and have the tenants set up a payment plan with their creditors.

Kayla,First and foremost, good job performing a proper evaluation.

I told her because of the due on sale issue, this approach could get messy even though most people say banks rarely call the loan due if it's performing. 

They both agreed that one of the better ways to buyout  tenants in this city is to begin temporary eviction proceedings in order to perform work to the property and engage in negotiations with the tenant after those proceedings have begun.  

Hi @Rian Greenberg, if you’re an accredited investor there is an investment product called a DST (Delaware Statutory Trust) that might be beneficial for you to learn about if you decide to perform a 1031 exchange.DSTs eliminate the day-to-day hassles of property management, allowing for more free time to do the things that are more important.

2nd Annual Residential Mortgage Notes, Non- & Re-Performing Loans Symposium June 8-9 in Dana Point, California.