Assuming I get an appraisal of $500K, I have ~$110k (75% of appraised value minus the loan) I could tap into for equity for a HELOC.Question: What is the process for getting a HELOC?

It took a lot of testing to figure out how to optimize my text messaging campaigns, and now I can do it without any issues.If the process is frustrating, please do not give up on it because you can position yourself as the sole investor solution to many homeowners in your market.

I would also be more comfortable with a set rate of return if the investment is made to someone who deploys lienholder loans rather than fixed returns on equity.

For scaling your portfolio, consider house hacking another multi-family property to minimize living expenses while building equity.

I know that RTR positions themselves as “turnkey” but the reality is that they are more of a hybrid model - they set you up with everything you need and facilitate relationships with lenders, insurance, property managers, and so forth - but they are not the actual service providers.

Breaking news: events in and out of our control will affect real estate both positively and negatively.

At closing:The homeowner deeds the property to the straw borrower, relying on the false promises made by the ‘investor’All proceeds are used to pay off the defaulted loanThe homeowner walks away with nothingThe 'investor' pockets the equity and runsThe straw borrower defaults on the loanThe homeowner is evicted, loses the house and all equityThere are many variations of a foreclosure rescue scheme.

If you're just starting out, house hacking a duplex or SFH with an ADU can be a great way to reduce living expenses while building equity. 

Yes, you can do a refinance to tap some more of the equity on the property.

We work hard to keep things positive and real estate-focused (no politics or religion).