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Updated about 7 years ago,

User Stats

24
Posts
5
Votes
Cris Mullen
  • Rental Property Investor
  • Louisville
5
Votes |
24
Posts

I have access to $35K in a heloc

Cris Mullen
  • Rental Property Investor
  • Louisville
Posted

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!

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