DSCR can cash out 80% even on 2-4 units, but I was referring to OP's request for HELOC on investment properties To further clarify my previous post: 80% LTV HELOCS on investment properties are available on single family homes, 75% LTV HELOCS on investment properties are available for 2-4 units. 2nd position?

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Jordan BrownWith $50,000 saved and no debt, you have a strong starting position for real estate investing.

You would borrow against the equity at 7% or more, then use the money to pay off a credit card?

@Simon Girmay we've got many clients from Toronto and Vancouver areas investing in Detroit.DM us...

Have been talking about getting into real estate investing for the last 2-3 years and finally pulled the trigger on a 3 unit house hack in Soulard that will be closing later this month and will be self-managing the property.I'm trying to network a bit with other investors, build a solid team of contractors / handymen, and set my systems up in way to scale, but also so my tenants have a good experience.

I would suggest getting Dave Ramsey's book called The Total Money Makeover and read that.

Could you send me your email (feel free to format it like “name [at] domain [dot] com” to avoid filters), and I’ll send you the link directly.Also, I’d love to hear more about your background:How long you’ve been in property managementIf you’re currently involved in multifamily investments or looking to expand into that spaceWhether you’re exploring tools for your own portfolio or considering something broaderLooking forward to hearing more and seeing if there’s a fit!

hey David,As a broker, I have several options if you're looking to only touch the equity in a second position lien on investment property. 

I am wondering if anyone has good places to research affordable yet healthy/upcoming markets to invest in MA. looking to get into my first househack/203k so just trying to figure out where to look.