I've been working with real estate for more than 20 years acquiring, developing and selling homes however since I joined Vena Jones-Cox at her Wholesaling Academy in Ohio last year, I'm thirsty to learn and practice more Wholesaling, thus I would like to connect and exchange knowledge with the members, specially the ones in CT.

I’ve also seen issues like acquiring notes where the due diligence was barely or not done at all and then they call me to get them out of trouble.It’s fine to be new and learn but I’ll always preach don’t do it on someone else’s dime.

Are you looking to acquire a turnkey portfolio where you buy houses that are ready to be/are being rented? 

At the moment my goal this year has been to pay down as much debt as possible and acquire larger rental properties.

I will be acquiring 15 units SFD at $60,000/each.

If the down payment that you need equals the entire 70% to 80% in value of your SFR, then I would go with the cash out refinance and get a fixed rate.If you only need 20% of the equity for the down payment, can pay it off relatively quickly, and want the rest of the equity accessible for future use, go with the HELOC.  

Finally made the jump and just bought our first vacation rental.My longtime girlfriend and I emptied out the account and put 60k down on an amazing 300k vacation rental near Bass Lake and Yosemite National Park.By conservative estimates, it should cash flow over $1,000 a month after ALL expenses.As I am still learning on the fly here, I am most interested in the next steps in acquiring the next property (and the next, and the next).The house should appreciate some throughout the year, and it is nearly turnkey as it was wonderfully taken care of by a family for 40 years, so we won't be adding too much value with remodeling.My main question to the BP community is "What's the best options to finance our next purchase of a rental property?".

I really like the fact that you can easily have access to your documents via all your Apple devices.

When we were acquiring our first SFRs in Okc area, we wanted the benefits of long term financing with the rate locked in but did not want to give up the LLC protection. 

Difficult to access/register in China.