All Forum Posts by: Jasmine W.

@joe villeneuve  if I was to rent out both units cash flow would be about $600 a month thanks for your input

I'm looking for some advice...I purchased a 2 unit building 3years ago I live in one unit and renting out the other which pays almost all the mortgage. I'm ready for my next investment but also ready to move into a house (not wanting to house hack anymore). My multiunit is worth about 250k now of which I owe 143k with a 4.25% interest rate. I been getting offers to refinance at 2.75% so should I refinance or sell to purchase a bigger unit and a house? I'm at a stand still and don't know what to do HELP! 

Thomas how did it go getting a HELOC with them? I'm also looking into them and would like to know how they are

I have a long time family friend that is looking into a short sale on her home, I feel that once the bank approve her to short sale the home that it will be a good investment as far as a rental property for investment. I would hate to see this property go to another investor so my question is....right now I don't have numbers as she have not talk to the bank yet. my question is  right now I have absolutely no funds to buy the property, what are creative ways to fund this buy and fix once she short sale it?