You would end up saving the higher interest rate on the HELOC as well as closing costs.

It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided

Hi Rafael, I reviewed your listing as well.

Well...they can, but they would be lying or just plain wrong!

Well done. 

All fixed fee with out of scope offerings as well.

@Dan Geffen moved down there and knows the area well if you want to connect with a local investor.

The key is a great contractor and a clear, detailed, well-thought-out scope of work. 

I’ve done 1 rental property and sold it to gain capital and did 1 flip that didn’t go so well so not 100% experienced to say the least.

I had to live in the property due to the FHA occupancy rules, so I had about an hour and 15 minute commute to work every day.I settled on Tilton (small town in central NH) because the property was right and it cash flowed very well, and was quite cheap (at the time... 240k), I could get the loan to get into the building and own 4 units.