Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.

Great community to bounce ideas off of as I build my knowledge base.  

I'm trying to figure out a way to utilize a large storage building at one of my MTR listings in Memphis.

My goal is to build a portfolio of single family and multi family properties. 

There was a news reporter at the sale and they interviewed the high bidder, who admitted that they had not seen the property, but were certain that they would be building their family home there. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Focus on saving aggressively, improving your credit score, and exploring down payment assistance programs to build a solid financial foundation.

If anyone needs a GC once the designs are done I can build/renovate the project.

Glad you are setting aside money, but if the HVAC is 20 years old, or the septic system has never been pumped, or the roof is 25 years old, etc; you will get hit with a cost before your build up enough set aside.How stable is the other tenant? 

A developer had already worked out deals with the owners of the other 5 buildings and finally got the 6th and final building under contract.