You WILL need cash...either yours or others such as friends, family, banks, HML...but you WILL need some.

Current realty:Owner of building is right in between a colleague, acquaintance, friend, and business partner.

if that fails, arrange to stay with a friend for a couple of days with your belongings in a YouHaul.

The side benefit is that you may come across other deals that, if you dont want them, you can wholesale to other friends who are investors.Do some research on marketing for properties or read some books.

Hi Friends in Biggerpockets,I am trying to get cash out loan (30 year fixed) from my primary house as and use it to do real estate investment.My plan is to use the refi-ed cash to do both purchase and rehab (then rented it out) and I wanted to deduct the loan interest.I know from purchase side, the amount of mortgage interest can be deducted as expense for as long as the loan exists and I hold the rental property.For rehab, the situation is more complicated.

They have a branch in Springville which is Erie County and I do have friends who have mortgages there and hold property in Springville so I would think they would be very open to deals in southern Erie.

Ask, friends, family or anyone with ever cash.

The property has three 2br units and the rents are as follows with tenants paying all utilities but water :Unit 1: 800Unit 2: 750Unit 3: 650(Unit 3 is mine and a room is rented out to a friend) I haven’t received my first water and electric bill for the house lights but those shouldn’t be too excessive.I want to start working on putting together a deal for another multifamily with 3-4 units in about a year.

Wondering if anyone has recommendations for an investor friendly agent in Lansing, Pontiac and Hazel Park / Detroit Michigan.Looking to network and make connections in the area.

Last week in my newsletter I discussed why an investor or wholesaler should be best friends with a note investor.