If you have a better interest rate than available in today’s market would utilizing/exploring a HELOC make sense for your next investment?

You could possibly explore a bridge loan up to 75% LTV if your credit doesn't qualify for 75% 30 year loans.

I am interested in neighboring towns near New Albany. 

Hi everyone,I own a 7-bedroom, 4-bath home in Montgomery, AL, and I’m exploring the idea of turning it into a group home or sober living facility.

Relationships often lead to off-market deals and valuable partnerships.Consider targeting up-and-coming neighborhoods or distressed properties in areas seeing new development or infrastructure improvements.If you’re exploring commercial, maybe start with small multifamily units (like duplexes or fourplexes) before diving into larger complexes.I’d love to connect and possibly collaborate.

@Abigail King I invest in several towns in central IL, and am interested in adding some properties in Peoria to my portfolio as well. 

I've executed the rent-by-the-room strategy around several military towns.

BP Community:I’m building out a list of videos that will highlight the economic development in the specific cities/towns we invest in.

Here’s the idea:A private lender could pay off the FHA loan, allowing us to give them the first lien on the property.This would free us from the FHA restrictions, enabling us to move to a more suitable living situation while addressing the lead issue at a later time.What I Need Help WithPrivate Investor Leads: Does anyone know of private lenders who might be interested in exploring this option?

While I’m new to the real estate world, I’m eager to connect, learn from others, and explore investment opportunities.