I also have invested in less expensive properties as opposed to just one big property.

If you want properties less than $100k, you need to be in Cleveland, Dayton, Akron, or Toledo.

Then you'll need to build a team of contractors to handle renovations and to help with things such as property inspections.

Quote from @Christina Venegas: Quote from @Dominic Mazzarella: Quote from @Christina Venegas: is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respondIt’s definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they’ll allow it.

I found a property on an auction site that I'd like to bid on.

This is common in commercial retail properties.

There is around 500k equity in the property. 150k-200k would get the property fully rented at top dollar with desirable tenants. 100k would get it to where I can rent all the units back out at fair reasonable market rents.

My mom was shopping an estate sale when the owner told her he was planning on selling the property.

If you prefer to maintain privacy and don’t want your tenants to know you are the property owner, I often recommend a two-entity strategy.

- I understand that properties go to auction, but what’s the process like from start to finish?