FHA-Owner Occupancy Loan, to limit down payment to be able to utilize for maintenance

If you’re looking for a cash out refinance utilizing a conventional type of loan then you can certainly pay off personal debt.

You can do residential, but its a ton of work and no matter what, there is tons of competition.

Even without a budget for repairs/etc - let's just define "cashflow" as income left over after PITI & utilities for a moment - Mac Groveland and Highland Park are going to be tough.

Hey BP, I’m on the verge of starting a month to month, furnished rental (traveling nurses being the target audience), and hoping to connect with investors that have utilized a similar strategy. 

We’ve all been in the “figuring it out” phase at one point!

Interesting thread....For whatever its worth Eddie was at one of the Atlanta REIA's tonight and pitched his note school with 2 different 3 day classes, scheduled at different locations throughout the country. 

Kris,Hey I do a ton of investing on Indy and have a lot of connections if your looking to expand and Network. 

Attention to detail is a big one for me, make sure when they wrap up jobs they do the right work and finish the job clean without having a ton of stuff missing 

However, if you're running your numbers then you'll want to make sure that you're including all the interested paid for the money borrowed from your HELOC as well as the carrying costs including utilities, insurance and property taxes.