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Updated over 9 years ago on . Most recent reply

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2
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Mark Larsen
  • Fort Lauderdale, FL
1
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New Member from So. Florida

Mark Larsen
  • Fort Lauderdale, FL
Posted

Along time ago I learned that there will always be someone smarter and more experienced than you. Find out who they are and pick their brain. So here I am. In 2011, I inherited a property that is mortgage free and appraised at $200K. During an unsuccessful attempt to sell we found out there were several encroachment issues that needed to be addressed. Without the means to deal with this issues at this time, I began renting the property thus starting my career in REI. I would like to purchase buy and hold properties. I do have a great relationship with the local community bank. What is the most efficient and best way to use the equity in this home to purchase more properties?

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