Maybe you hit it out of the park, maybe not.

I am a real estate broker, and homes that I have sold to investors have large down payments or cash.

My husband and I are currently buying another house (2300 sqft, 4/2), and plan to rent out our current house (1800 sqft, 4/2).

Hi Ty,Thanks for reaching out! 

The long-term tenant moved out in 2023.

If you have (2) free and clear rentals with no mortgages I would also encourage you to pull cash out of them while values are in favor of cash out.I would avoid a Heloc and just do a cash out refinance the rates are lower and the terms are longer so you get a lower payment.

I'm trying to understand the reasons....pros/cons.... to requiring occupants 19+ years or older to fill out application?

My end goal is purchase a duplex or multi-family home and rent out the property for passive income.

To put it simply, I’ve been told that I do not have enough skin in the game myself in order to cash out some equity.We bought the seller financed with only a $30,000 down payment.

IN RETURN, I AM WILLING TO OFFER 60% OF MY SHARES FROM OUR REFINANCE CASH OUT PROCEEDS WHEN PROJECTS COMPLETED IN 6-12 MONTHS.Preferably experienced investro from Utah will be a bonus but will consider all....If you're interested please text or call me at my direct number asap (415)483-6120.