I have taken numerous courses in RE and am passionate about learning more I am based out of West TX- Midland/Odessa area

If a single-family owner-occupied property is worth $400,000 - I wouldn't invest more than $280,000 (70%) in a note secured by the property.ITV takes priority over desired yield - so even if the note discounts to $350,000 based on desired yield, the investor still won't go beyond their maximum ITV. 

Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44). 

I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?

I want to be able to find potential markets/listings nationally based on the return.

I would not advise to steer clear of this test based only on you having a job.

Generally yes a HELOC will go off your personal finances so qualifying is generally based on your income, liabilities, and credit. 

View report*This link comes directly from our calculators, based on information input by the member who posted. 

Covering my bases!

I am based in Edmonton, Alberta.