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Innovative Strategies

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Andrew Martel
  • Investor
  • San Antonio, TX
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71
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Hit A Wall

Andrew Martel
  • Investor
  • San Antonio, TX
Posted Jun 24 2015, 17:03

Ok so here's the sitch (always wanted to say that :p).

I'm tapped out on equity, have only 20K liquid and need to fund a few properties. One is a low income property (under 45K) one is a 4 plex and another a duplex. The HML's i've contacted need more than I have to put down on the purchase and 20K is not enough to pull off all of these with traditional lending. I know I probably need to just select only one and go for it. If that were the case, I would go for the 4-plex.

What would you do in my shoes?

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