You could also try to connect with wholesalers and buy a rehab property with the intent to refinance and rent out.

I would be happy to talk about sub2, joint venture partnering, lease options, buying on wraps AITDs, getting private money and negotiating terms deals with sellers.Thx for offering!

This is a great way to find deals and share your knowledge with others.Stay Informed: Keep an eye on market trends in Central New Jersey.

The only way it would make sense is if you use the HELOC to convert your garage into an ADU for the steady income or buy out of state rentals "cash".

Way to go on buying your first property.

I'd be happy to hop on the phone to walk you through what I've learned with the 7 RE deals I've invested in in Indy, and what our team has learned helping over 150+ investors buy / sell in Indianapolis. 

I buy multi family and single family from wholesalers because its faster and I use hard money loan to fund my deals

I am just starting to investigate buying my first investment property, and am considering buying out of my state (CA).

We did have a problem with a small local bank, they were confused about a Texas address (mail service), wanting to buy property in Kentucky, and no "home" lol.

I appreciate all the great information!