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Updated about 4 years ago,
Heloc investment first time
Just got 115k heloc on my first home. I am newly to the property investment world and would like guidance on how much I should invest in my first rental property? I live in Massachusetts what should be the approximate amount I should be spending on a rental property to generate enough cash flow to repay the heloc and be able to repeat the process to acquire more property?
After acquiring my first property, what should I do to acquire a second rental property?