New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one of the many situations one might find themselves in.In this scenario I wanted to ask if a HELOC on either your primary or an existing rental property out of 4 total properties would be a viable strategy for acquiring practically " turn-key " Multi-Family rentals?

Ken McElroy, on the other hand, is listed as CEO and Principal of MC Companies, which I have heard good things about.  

Quote from @Bhushan Shinkre: @Bonnie Low - totally, I want to find the right landing spot with this issue with Baselane.

Loopnet any deal older than 12 months, Tax GIS consistently late or 6 months past due, any property that changed hands thru probate after 12 months, Texas property tax sales land only not at auction just offlist properties, etc7.

@Joseph Leahy I've used Postal Annex for a couple of years, and I've dropped by my mailbox maybe 3 times total?

But we are only a handful properties and it’s completely doable to do your own tenant placement. 

But maybe you have a motivated seller on your hands nobody else knows about.In any case, I wouldn’t but anything that has an ejido title.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

It totally depends upon the size of the STR. 

7.75 % for refi out of hard money into 30year rental loan.  179k total loan including 25k cash out.  2 points.