.- Background: Took some real estate classes before but really a lot of self learning on creative financing - Current Goal:To close my first wholesale deal within the next few months by learning from seasoned investors and applying proven strategies.I'm here to absorb as much knowledge as possible, so if you have any tips or resources, I’m all ears!

Austin is not a great cash flow market currently, but has proven to have solid long-term appreciation.

Here’s an example of one of our current developments:- A development with 7,190 total linear feet could accommodate 119 homes on 60 ft lots.

I assume you currently have a residential mortgage that does not have a pre-payment penalty.

We currently live in CT.

Our insurance has been canceled on this home and we are working on getting insurance to cover when this current one ends.

It’s currently vacant and we are considering selling, but the foundation will be an issue.  

I would only do it if it was an absolute no brainer of a deal as if it goes south then you not only hurt yourself on that deal but also the property that you took the heloc out of.This also depends as if your current LTV is 30% and want to go to 50% is different than going from 50% to 80%.

@Anita Z. do you currently have a CPA you work with?

What are your current goals or challenges in real estate?