I've been researching and learning for several years.

These figures are updated every Federal fiscal year which starts October 1. 

If you have any cap ex left in Palm Bay (like an HVAC major repair or roof) you will lose cash flow for years.

I’ve had countless maintenance and repair requests over the years.

If you have a residential FHA loan, you may trigger a due-on-sale clause unless you have lived there for a year or have had a life changing event.

This means you can focus on growing your portfolio with confidence, knowing that every aspect of your investment is being handled by experts.As for my experience, I've been in the industry for over 10 years. 

When it was all said and done I still ended up being able to pull about 5 to 10k more out of it than I put into it.Current mortgage including taxes and insurance is $1,519 and it's currently rented for $2,546/month.Yes, you can buy a house at auction that you then flip and sell for market value.And yes, I have participated in online auctions.This reply is over a year old, but did you have the hard money lender you were using already in place before you bid?

However, my true goal has always been to develop, buy, and manage real estate—something I’ve dreamed about since I was 12 years old.

@Joshua Martin,If there’s a chance you’ll sell next year, a HELOC might be the better move since it typically has lower upfront costs compared to a cash-out refi.

My name is Natalie, I'm 19 years old, Fresh out of high school.