Banks can shut down an equity line at a whim, so there is a strong risk there.

Tax free money is huge.I may have 100k of instant equity so I don't care about about tax write offs.

I gained equity in the property, and I got higher rents which lowered my living expenses while living there.

Investment Info:Single-family residence fix & flip investment.

Especially those big deals with loads of equity and loans, they can take forever to close.

It's been a tough market for high or maybe any cashflow with decent A/B properties in some parts of Houston, BUT the long-term equity growth is what makes these type of investments very positive in the long-run!

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

@Mike FigueroaI’m 54 and have scaled up by pulling equity out of what I’ve got (with cash out refis) so the new properties didn’t cost me anything out of pocket.

Qualified applicants that get priced out of rapidly improving neighborhoods will move into these areas but it seems like they aren’t biting.High quality, lower income applicants aren’t stupid and they won’t settle.If you think this area is a losing proposition, I would think about selling and not banking on hope.In regard to vacancy, I don’t consider any area that has average occupancy (economic and physical) below 95%You might pay more for a better area but time will treat you right and you’ll make a ton of money in equity over the long term.

On a New Construction Loan, we can provide 100% of Rehab, but use the Land Value towards the overall equity. 4.