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 4 years ago,
From $0 to $10,000/ month with a HELOC!
Hypothetical:
Bob is 35yrs old and lives in Maryland. He is married with a 2 year old, he has a house (with mortgage) that he owns and has a HELOC on it for $200,000. He has $50,000 in cash (not including money in savings for emergencies). Bob's wife is a stay at home mom, raising the child.
Bob's day job is high stress, long hours and he has a dream of turning his real estate passion into $10,000 per month cash flow and walking away from his job of padding his boss's pockets as opposed to his own.
What is the fastest route from $0/month cash flow to $10,000/month cashflow using the tool of $250,000 cash availability?