I can help give some options if you're up to it.

Benefit to the conventional option is that this does not apply. 

Current rental: est MV = $375k, current mortgage $218k, net $157k One option is to do a cash out refi on our investment property to pay off the HELOC.

I can introduce you to my friend and get you more options easily. 

However, both Free and Pro Monthly members have the option to download for $99 per state.If you are interested in upgrading your membership to access the free downloads please reach out to our support team at [email protected] hope this helps, and please let me know if you have any other questions I can help clear up!

@Cristian Estremera the initial difference is the financing options.1-4 family are eligible for FNMA, FHA and VA mortgages.5+ units require commercial/DSR loans.As number of units increase over 5, management changes.

If the numbers don't align well locally, consider exploring other markets - dive into out of state investing.Starting with a turnkey cash flow rental is a good idea when investing out of state.

Their are a limited number of portfolio lenders, you should explore the guidelines before you purchase the portfolio and put your 200k at risk.

I'd love to hear some suggestions on what my options are?

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