All Forum Posts by: Avery Lanman

I was planning on buying a home with higher market cap perhaps in Tennessee. Or a apartment duplex that generates more revenue. I have tried to get a HELOC but the banks that I tried were only able give me 40k max since I don't currently live at the property. Not much to work with. Any advice given the padded info?

Hey guys, 

I currently have a 2.8% mortgage 30 year fixed on a 1 br 1 ba property that i purchased in 2015 for 505k in Mountain View CA right by google...current estimates show i can sell this for about 650-700. I am getting pulled in two directions one to sell and one to keep... what are your thoughts? In general would love to upgrade my investment property game with something giving me more passive income. I am breaking even at the moment. Here are the details: 

Rent: 2600

Mortgage & Hoa cost (1400+500) = 2100 

Total Annaul property tax cost= 6800