What better thing to do on Thanksgiving Day than learn about real estate investing!

The better questions in everyone's comments are why are you moving out of your home? 

Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.

If you have a better interest rate than available in today’s market would utilizing/exploring a HELOC make sense for your next investment?

I’m not saying this is perfect… but if you can find a home like this one for $600k that could work long term, trust me, with a little effort and patience, you can find even a better one off market or make this one work.

Have you found certain neighborhoods performing better than others?

If I changed the filter to around 3-5 years then I can see 1 or 2 properties but i'm not sure if that is enough for an appraiser to use.I'm fairly new to real estate so if there is any feedback on what I can get a better idea than that would be awesome.

There are a couple of lenders that'll go to 80% which would be better, but still wouldn't give you anything to work with as far as paying down property B.

A friend of mine is trying to figure out what is a better long term strategy.

I’m just also always looking for a lender with better terms than the ones with whom I’m currently working at any given time.