I would say for most people, the 1st position heloc is no a good bet, especially if you have a 1st mortgage rate of less than 5%.Using this strategy with a 2nd position heloc can be just as powerful, so you can have your cake and eat it too!

you not on one of the major listing sites you are missing a lot of revenue potential Penny wise dollar poor

Turned a single family house that was poorly marketed but in a great area of my city, listed mid-winter where there's less competition, into a duplex for all intensive purposes and used airbnb to rent out rooms.

(I know a lot of investors who are doing this, but I've been surprised to find out that it's a new concept that others haven't considered.)The more units, the better in this scenario because you can hedge your bets with more units.

Reasons a Property Owner Can Terminate the ContractSubstandard work: If a contractor uses poor workmanship or uses poor quality material that was not mentioned in the contract, then the owner has the right to terminate the agreement.

I bet people will not be getting paid their dividends very soon.

Your best bet since your working on your capital are going to be to use low money down hard-money lender.

So it crushed us cashflow wise because we couldn't finance anything and all of a sudden I'm too asset heavy and cash poor.

To confirm my recommendation ask him for references at his current developments, I bet he won’t give you names and will make up an excuse!

Even with the reduced rates, my cash flow is poor for my equity position (i would still be cash flow negative at today’s rates).