I used a HELOC on my primary residence to purchase a long term rental investment property.

Typically, you'll still need about 10% into the deal though.

In addition they are slow to report minor leaks or at all as it doesn't typically impact them financially.Landlord paid utilities with multifamily can be a real cash flow killer if not handled efficiently.So most larger buildings I come across that are vintage almost everything is separated out except for the water.

Alternatively, you can convert your IRA into a "Self-Directed " IRA and buy investment real estate inside your SD IRA.

Hey Mani,I don’t have firsthand experience with the Memphis market, but I do invest heavily in Detroit and have done well with Section 8 properties there.

This typically doesn't affect the overall cost much.

Criminals and homeless will typically move on to an easier target.It is better to spend $1,000 - $2,000 to properly secure the property than to continually deal with these problems and expenses.

I have been investing back home for many years and have bought up many land.

Investment Info:Single-family residence fix & flip investment in Austin.

Investment Info:Condo fix & flip investment in Austin.