Thank you in advance.

Thanks in advance!

The HELOC strategy may work, but many lenders are wary of putting a HELOC on an investment property and if they do they still cap LTV at 75-80%.

I also work with a team that helps cash buyers execute the BRRRR strategy or build rental portfolios, making it as seamless as possible for out-of-state investors.Best of luck, and let me know if you have any specific questions!

While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.

The seller would use this strategy when they don't have a lot of equity in the house.

There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc. 

If you assign the contract get proof of funds in advance and make sure they are trust worth.

This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

I believe this approach provides the best cash-on-cash return when starting out.I began investing in Columbus in 2017, and I've engaged in both BRRRR strategies and turnkey investments.