I highly recommend contacting Ashley if you're considering investing in Gulf Shores. 

For a first-lien HELOC on a 2-unit rental property, I highly recommend reaching out to Taylor Adams at A&N Mortgage.

I updated the electrical, painted everything, and “cleaned the property up nicely” exterior and interior.

also there is a client recovery fund that most states have that folks can make a claim to the state but again generally a rocky road to go down and not a lot of comp at the end..

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Just a different takeNow this is not to sayPS - those houses that were priced way too high and languish?

At the end of the day, money talks so don't be dissuaded by age or lack of experience.

Ended up with a $6k policy and was the cheapest around.

By targeting better locations, leveraging Section 8 for consistent cash flow, and balancing low acquisition costs with high guaranteed rents, you've achieved impressive results like $1,100 in net cash flow on a single property.

Of the conversations I have had with people discussing hard money lending, some seemed opinionated in that the high interest rates and terms were enough to scare them off.