The work colleague you mentioned was definitely incorrect.

@Shawn McCormick definitely meant to be!!

A HELOC or cash-out refinance is definitely worth exploring if you want to free up capital for more investments, but make sure it fits your goals and comfort level.

I'll definitely take a look.

Getting your brokers license is definitely not worth it if you're only doing small scale property management with it. 

Conversation is no different, motivation is definitely there, but telling someone, face to face, for this deal to make sense; 1 they over paid for the property, 2 they are gonna have to take a 40k loss in less than 12 months.

@Caryn FischerI agree with Jaron, you should definitely have a consultation with your tax accountant and/or financial planner before you do anything. 

It's shocking, sad and definitely frustrating.100% of their deals have had late payments and/or other major issues.100% of their deals have had late payments and/or other major issues.100% of their deals have had late payments and/or other major issues.100% of their deals have had late payments and/or other major issues.

But if they want easy income, it could definitely work! 

There will definitely be rude slum lords but I would say I have made some seriously good connections from just introducing myself.