So your friend is correct in that you can get a new HELOC to pay off the old one, but that doesn't mean the balance just magically disappears.

I'm surprised anyone still sources through service magic...I mean home advisor...no wait Angi.

Purchase appraisals are magically always like 2k over PP.

My offers are getting beat by folks who have some magically optimistic pro form apparently and it's not worth jumping in for sub par returns and tenant headaches (or PM headaches).

There have been numerous books written by people claiming to have the “magic” formula to sniff out future values.  

There is no silver bullet system or tool out there to get you good deals auto-magically.. 

It was a hassle and I was unable to keep it up.I recently bought a Nutri Bullet (more powerful than the related Magic Bullet) I make a veggie and fruit smoothie one or two times a day and again feel great.

So, there is no magic formula or sell you have to put on. the numbers speak for themselves.

@Michael SmytheYeah it’s more the amenities, attractions or near a family member. 50 miles plus isn’t a magic number, old policy

Let’s at that’s the magic number which is $360k/yrYou would need $3.6M in cash at 10% to get to that number.