In Toledo lolThere are other investors doing very well in this market also and it's a hidden gem in my opinionVery little competitionFind a small tertiary market and roll your sleeves upWork hard and do deals.Let others laugh but guess who has the last laugh?

Maybe you've found a gem that was way under-priced, picking up a $300k property for $240k, but that seems very unlikely. 

I have no doubt you'll make it happen.Sometimes there are gems hiding in plain sight.

LOVE Mammoth and the surrounding gem's! 

@Giovanny Garcia thanks for taking the time out for me, but it’s a single family home.

@David S. and @Dustin Beam thanks for clarifying the formula - started to run those numbers but they don't look great when you own a property outright@Michael Noto yeah, we bought at a good time - found a gem of a neighborhood right before the values started to rebound 

Jay Price at Mike Thomas Realtors is a gem for investors, highly recommend him for all Fort Wayne real estate, whether you're looking for a home to live in or invest in.

@Giovanny VizcarraThere are several HELOC products out there with different terms, but the ones I have used typically have a withdrawal / utilization period of 10 years on interest only payments.

If you are a student of the market, you'll recognize these "gems in the rough" quickly and can pounce on them before anyone else.

I would suggest Anson Young’s “Finding and Funding Great Deals” it really is a gem of a book when trying to learn how to find the deals you want.