Last year 4.75%. 

But, I had a vision, and I had a decent chunk of capital to start with (don't worry, that didn't last).

With $150K, I could easily put together a portfolio of 6 rent properties from deals I see every week, including last week.Just get started.

I agree with @John UnderwoodI remember you posted about arbitrage last week. 

The biggest difference here is that you'll pay P+I on the entire loan amount immediately with a cash out, but you'll only pay interest on what you draw on the HELOC during your draw period.

There are not a ton of comps on Zillow or other websites that I have checked and it was last sold a while ago so even these resources are unable to give me a quote.  

Nectar doesn't take any lasting ownership interest.

I have done it successfully on my last 2 buildouts, maybe 3, but only because I was able to acquire the properties at a very low price and I did all the work in-house (myself and some hired hands on staff).

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Hi all,My wife and I have worked over the last 7 years to build a rental portfolio and are getting to the point where the bookkeeping/data entry tasks are becoming too time consuming.