What made you interested in investing in this type of deal?

Hi, Not yet, what are the pros and cons bout this?

Any general thoughts on investing in this market and cash flowing with 20% down?

Trying to be a sponge in this real estate world.

A 5 year arm might be a bad idea in this case. 

This surprise turned this amazing deal into something like a okay deal because the lot was still good.

I unfortunately self financed so my funds are tied up in this one house. 

This really means, what tax return reports the activity of the property.

Here are the details:- Current occupancy with a monthly income of $2,750- Purchase price: approximately $145,000 (putting 25% down, around $36,250)- Location: McKeesport, PAAs a relatively new investor with two properties in different states, I'm looking for guidance on how to analyze this deal.

I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?