All Forum Posts by: Shahrouz S.
Shahrouz S. has started 7 posts and replied 13 times.
Post: Refinance on a Residential Assisted Living
Shahrouz S.Posted
- Posts 15
- Votes 5
I have a renovated house in Arizona suited for residential assisted living (RAL). I was told I cannot do a conventional CASH OUT refinance once I lease it to an operator of RAL since lenders do not lend if you run a business in your house. Is this correct? If yes, what are alternative methods to tap into its real estate equity after signing a multi-year lease with an operator?
Post: Buying two $300k properties in a mid appreciable market or one $600k in a high one?
Shahrouz S.Posted
- Posts 15
- Votes 5
@Jeff Macey, I live in southern california and have been searching for a while but prices are way high. I am considering Texas, and AZ mostly for price points and being more landlord friendly.
Post: Buying two $300k properties in a mid appreciable market or one $600k in a high one?
Shahrouz S.Posted
- Posts 15
- Votes 5
Fellow BP members, please mention the factors for each choice. TIA.