Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 7 years ago,
I have access to $35K in a heloc
I'm anxious to get my first deal done. What would you do with access to only that limited amount of cash? I've been reading the forums and listening to the podcasts for at least a year. So I'm armed with a decent amount of knowledge. I live in the pricey Northern Virginia market. But I have family in Louisville, where I have also considered investing.
I've thought about trying to do a flip first, so I have some 'clean' cash to work with. I am friends with a realtor in town who has a bunch of flips under her belt. But $35K probably isn't enough to make a flip happen in NOVA.
Thanks for the input!