Testing the market may get you an offer you're looking for!

I haven’t completely dismissed the possibility I can get into some great markets out of state, it’s just the unknown is so great about it, I haven’t given it a ton of thought. 

Even though your market might prove expensive, I would exhaust all options before ruling it out.Truth is, you have a unique competitive advantage in your market.  

Im not expert but Ive took out a heloc and dragged on going on my advise and it suckedHi @Mario Morales, There are 2 things I would pay attention to in the scenario you describe. (1) Most cash out loans are limited to 75% -80% LTV meaning you wouldn't be able to get all of your cash back out. (2) The interest rates I see in the market are closer than what you've listed.

I saw the market going up while renting in the area and didn't want to miss the opportunity.

If you know of anyone that would be an ideal fit for this role, please encourage them to apply.We're looking at designing a mobile experience that will, in the long run, offer:1) Networking and Community features as powerful as Reddit or LinkedIn2) Educational/News features as powerful as the WSJ or NYT applications3) Market and Deal Finding Capabilities as powerful as Redfin, Zillow, or Realtor.com4) Portfolio Analysis, Property Management, and Wealth Management capabilities.If you have any additional suggestions or features that you'd love to see in our next mobile app, please post here, or message me directly.

Quote from @Mo Karim: How are the Milwaukee burbs market?

You have many people who say midwest markets are now appreciation markets, but I disagree with that statement.

In fact, given current boom in Stock market, one is way better off investing there.

What markets are you thinking of investing in?