I'm going to do it with him too soon i just need to find time to sit down and do it.

Hello,I know two retired families in my group, sitting on $3M+ real estate, free & clear.

Would love to sit down and have coffee with you and pick your brain.Would love to be able to have a mentor in this space as I start on a new journey in this Real Estate Investing World.Willing to work hard and take advice and act on it.Let me know if you know of anyone one or maybe you are that person.

As for the HELOC, the more I research the more it matches your comment regarding using it for home improvements / flips so I may sit on that for a little bit until I educate myself further on those topics.As for raising capital, I have read the private lenders are a popular way and hard money loans which I do not fully understand yet.

Your FICO will matter, as well as the cashflow on the 8 unit property.I owe only 800k I’m gonna sit tight and see how the market turns  

From where I'm sitting, reading some of these replies, you would think I insulted these peoples' moms and kicked their dogs...or vice versa. 

It was sitting because it was way over-priced and they wanted to sell it as a package with the house they owned next door.

Wow amazing what happens when you DO vs read books and sit on the internet. 

Everyone seems to be sitting tight thanks to forbearance and PPP/EIDL from their employers. 

The first floor features a renovated kitchen with a large island, connecting a cozy sitting room, a living room with a 55" TV, a dining area, and a spacious back porch.