Overwhelmed! So many opinions.

[Sarah G.]

My husband and I have an Airbnb in AZ. It has done very well. We are ready for another IP, however we live in WI and it's so expensive for LTR here due to property taxes. We spent this past week in AZ looking for potential LTR and we have a few options. 

We are also toying with the idea of possibly uprooting our family of 6 and relocating there. It seems as though the opportunity for investing is so much better...not to mention the weather. Our goal is to substantially grow our portfolio at a semi-rapid pace with real estate investing. 

With all that being said, I called a lender in AZ to talk about doing a HELOC on our property that is free and clear. He suggested that we just pull out enough for the 25% down payment and then finance the rest.

I've heard from others that we should use the LOC to purchase the LTR and then refinance down the road.

I guess at this point, every time I talk to someone, I get a different suggestion. Are there such things as financial advisors that focus on real estate investments? I'd like to find someone to brainstorm with and run numbers with. Our current financial advisors are not savvy in the real estate market...especially AZ market.