Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.

If the value of a $700k house goes to 1.2M over the next 10-12 years, you just turned $50k into $500k (not counting loan paydown and cash flow that would come over time).

Over the last year, I've developed a passion for real estate and want to be able to use it to generate income and secure financial freedom in the long run.

And I personally wouldn't flip a house over there unless I got it dirt cheap.

@Patrick Braswell Got it. just didn't want you to spend all the time working with your family members if the bank won't approve a HEL.

Nobody knows the ins and outs of this home better than you which gives you an upper hand over any management company.  

I just need to be pointed in the right direction because I get deals in my inbox from people I communicate with all over the country.

In the webinar, he stated he's been buying/selling MHP for over 5yrs and just recently he and his partners started the investment group. 

The rental market in Phoenix has seen significant rent increases over the past few years, which has led to affordability challenges for many renters. 

Over here neighborhoods make a bigger difference than school district as they all fall into the Philadelphia public school district.