HELOCs are great tools, and I used mine aggressively while building my Detroit rental portfolio.

Locally here there is more of a lending appetite for build to rent housing than build for sale "spec" housing.

So, on a 540K loan,  the VA funding fee on IRRRL is .5% or 2700, escrow would likely be 3000-4000, whatever county taxes, maybe the finance company charges underwriting and processing maybe 1000-2000, and other fees you might have to pay ~1K.

Purchase price: $570,000 Cash invested: $175,000 Purchased this rehab property in April for a building that is widely overlooked if you don't know the area.

Tons of great info and people here.Lake County Property Investors Association has a meetup in Gurnee.

Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.

Seeking recommendations on a Hamilton County (Cincinnati) eviction attorney.I had a good one, but he has moved on to another area.

Thank youCash flow is gonna be very difficult if not impossible in Frederick county, you might find some cash flow in Hagerstown, though the most housing stock is just utter **** inside the city, I’d look to buy like in halfway or something where at least the housing stock is decent.

It allows you to learn the business and build a solid foundation in property management and tenant relations.

I am currently looking for single-family homes or small apartment buildings in the Tempe area.