If you think this interest part is hard, the first partial year of depreciation is really going to throw you for a loop. 

As you read these books, watch the BiggerPockets podcasts.

This is a common fallacy.

The most information in this thread is not accurate.

You may want to read up on wholesaling as a way to generate some capital.

A lot of times these threats do not matter much to Contractors, but they may help.

Quote from @Christina Venegas: Quote from @Dominic Mazzarella: Quote from @Christina Venegas: is it possible to do HELOC on a primary home that was purchased 6 months ago with 5% of down payment, the property was $145k and it was appraised at that time for $160k. i need advice from investors and lenders, if anybody knows some lenders that could help me I would really appreciate it, thanks for taking your time to respondIt’s definitely possible to get a HELOC on a primary home, but most lenders have a seasoning periods which are typically 6-12 months after purchase before they’ll allow it.

I don't think I will be able to make this one but will definitely attend the one in March.

See what others are renting for, the price yours accordingly.You can't do this once and know the market.

Can anyone recommend  a lender in the area who could accommodate this situation?