Buying & Selling Real Estate Discussion

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Huggy Ford
  • Rental Property Investor
  • Simi Valley Cali
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I'm looking for guidance in this next investment move Please

Huggy Ford
  • Rental Property Investor
  • Simi Valley Cali
Posted Jan 24 2023, 17:15

I have a few paid off Properties and I would like to know how to get a loan using my properties. I also work in Tustin, but live in Ventura so I rent a couple of days a week for 1600.00 per month I would like to buy a fourplex within 10 or so miles of Tustin. Selling a property in SD and will have at least 100k to put down. Is this a question for Mr Green?

Thank you in advance

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Bryan Martin
  • Accountant
  • Springfield, IL
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Bryan Martin
  • Accountant
  • Springfield, IL
Replied Jan 24 2023, 18:09
Quote from @Huggy Ford:

I have a few paid off Properties and I would like to know how to get a loan using my properties. I also work in Tustin, but live in Ventura so I rent a couple of days a week for 1600.00 per month I would like to buy a fourplex within 10 or so miles of Tustin. Selling a property in SD and will have at least 100k to put down. Is this a question for Mr Green?

Thank you in advance

I’d go to a couple local banks and tell them your situation and see what they could do for you.  I’ve found local banks to be the best in these situations.

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Huggy Ford
  • Rental Property Investor
  • Simi Valley Cali
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Huggy Ford
  • Rental Property Investor
  • Simi Valley Cali
Replied Jan 24 2023, 23:04

Thank you, I will look into it.