All Forum Posts by: Alan K.

Hello BP members!  I wanted to start a discussion and pick the minds of investors here. Hypothetically, what is the best way (for you not me) to invest 1 million dollars in today's real estate environment.  Would you invest in SFRs, multifamily, commercial, what locations, what class properties (ABCD), how many, and most importantly why.  I am certain there is no one right answer and I hope this discussion get people thinking about the way they invest themselves.  Note: I chose 1 million because it would be invested differently than say 10 million or 100K.

Does anyone have any good recommendations for banks/credit unions that does cash out refinance on rental properties.  I am currently going through the process with a local credit union and they are terrible to say the least.  I don't see the benefit of using a local bank/credit union over one far away since I send all forms electronically via email and talk via phone with them anyways.

I am a newbie and I heard that you can only cash out refinance a maximum of 4 rental properties, excluding primary residence.  Is this true (and why 4?) and if so that seems pretty limiting (or a road block) as far as cashing out equity for real estate investing.