In that case, using about two-thirds of the HELOC to acquire a multifamily property—perhaps around 10 units max—while ensuring a solid team of contractors and a strong market would be key.I feel that buying just a couple of single-family homes would generate minimal cash flow, making scalability painfully slow.

The projects discussed on this string are from a previous company called Financial Attunement, where Neal was a junior partner, and a senior partner was CEO of that company and primary decision-maker.

Thanks for coming out and joining us - we have some new events and workshops and training that we will be adding shortly - look for a couple of virtual workshops a month and a get started training program to be implemented before the end of the year. 

The benefit to these is you get your foot into the door without a ton of capital and as time goes you can move out and cashflow on the property.

It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

There’s a ton of investment pouring in, job growth, and a growing demand for housing.

With patience, resilience, and a willingness to learn from experience, you can overcome these obstacles and set yourself up for success.

And as I explained earlier, your investment is protected by real property, so your risk is extremely low. 

It is very important that the Wrap Mortgage is written at market terms using a knowledgeable attorney, an RMLO, and a servicing entity.These have risk and I'm not saying a new investor should go out and do them. 

. - Despite 3 tenants in under 3 years, it has done very well for us and has only been "vacant" for 15 days in that period, and has great cash flow, ~$1000/mo due to ~50% equity in the property, and a low covid-era interest rate. - I have been saving ALL of my cashflow into its own account to accumulate to buy the next rental (totaling ~$24,000).