Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Mobile Home Park Investing
Innovative Strategies
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing
Personal Finance
Private Lending & Conventional Mortgage Advice
Insurance
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Eric Rubin's profile image
Eric Rubin's profile image
Eric Rubin
  • from Birmingham, AL
  • Member since Jun 4, 2017

User Stats

4
Posts
2
Votes
Eric Rubin's profile image
Eric Rubin's profile image
Eric Rubin
  • from Birmingham, AL
  • Member since Jun 4, 2017
Eric Rubin
  • Birmingham, AL
2
Votes |
4
Posts
Creative Real Estate Financing

Buying a multi family building how do I leverage owned SFH

Eric Rubin
  • Birmingham, AL
Posted

Hello all first time post would love thoughts … we are buying an 8unit multi family building (1.2m) We have 3 of our 11 SFH owned outright (probably around 350-400k of appraised value between the 3) Would love to leverage the equity in our rental properties without turning them negative on cash flow. Thoughts on the best vehicles to pull equity out while keeping the owned properties in a good cash flow position.

Appreciate the feedback

1 Vote
Follow
7 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Jay Hurst's profile image
Jay Hurst's profile image
Jay Hurst
  • Lender
  • from Dallas, TX
  • Member since Mar 29, 2017

User Stats

1,842
Posts
1,272
Votes
Jay Hurst's profile image
Jay Hurst's profile image
Jay Hurst
  • Lender
  • from Dallas, TX
  • Member since Mar 29, 2017
Jay Hurst
  • Lender
  • Dallas, TX
1,272
Votes |
1,842
Posts
Jay Hurst
  • Lender
  • Dallas, TX
Replied
Quote from @Eric Rubin:

Hello all first time post would love thoughts … we are buying an 8unit multi family building (1.2m) We have 3 of our 11 SFH owned outright (probably around 350-400k of appraised value between the 3) Would love to leverage the equity in our rental properties without turning them negative on cash flow. Thoughts on the best vehicles to pull equity out while keeping the owned properties in a good cash flow position.

Appreciate the feedback

@Eric Rubin  By keeping your loan to value at 60% on the single family homes you will get the best pricing. So, 225k for example in equity assuming 375k of market value. 

  • Jay Hurst
business profile image
Hurst Real Estate, INC
4.9 stars
87 Reviews

Contact us

%

By clicking send, you affirm you have read and agree to the BiggerPockets Terms, acknowledge the BiggerPockets Privacy Policy, and you agree BiggerPockets and its network of professionals may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to the number or email your provide regarding your real estate needs. You also agree BiggerPockets and its affiliates may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to you regarding offers and other content that may interest you. Consent is not a condition of purchase. Message and data rates may apply. Message frequency varies. You can unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available) in one of our messages.

2 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...