Investment Info:Small multi-family (2-4 units) buy & hold investment.

Keep in mind HELOCs are interest only payments, adjustable rates, and will eventually turn into a fully amortized loan (usually after 3-10 years).Cash Out Refinances are great when you need the cash for long term needs or consolidating debt.

I've made a  deal on a 6 unit apartment 5 minutes from the house. 

I have been reading others' stories and I am fully prepared to weather the storm and the mistakes along the way i just don't want to underestimate myself in how much things will cost.

In the beginning of 2025 I will have about $100k (hopefully more) in fully vested stocks for the company I work for.

I am working on a plans for a 4-unit retail development in Bourbonnais.

I management my rental unit here in Houston using it.

Selling I save 30k on the Reno budget resting in a 107k sale.What you guys think Keep a fully renovate home for 66k in a C+/B- area or sell for 107k for the next deal?

There are 2nd position mortgages for rental properties 1-4 units.

You can collect all the rent and late fees in full but if your unit turns over yearly and takes longer to fill you make LESS money!