Does it make sense to use your HELOC or borrow from your retirement funds to purchase a high risk property?

I do it's sitting right in front of me.Try going to REOMAC they are not going to charge you thousands of $$$ for it.Unfortunatly last time I checked they are only accepting "servicers" memberships now.What if I said send me your resume and I'll send it to all my AM's, would you be willing to send me a referral fee on the listing you close that came from my efforts?

We live in a very intersting, diverse, and complicated market and understanding the intricacies is very important - especially for a new investor.Markets in the same zip code even have their own submarket and tendancies depending on location and its important to look at things hyperlocally in philly.

I would only go to a local bank if your loan size is going to be less than $75,000.

The second part is the apprentice 1 on 1 coaching where you do the training at your own pace and if you find a good deal you send it in.

Planning ahead for your move to Rapid City and setting up a network is a smart approach, especially since you’re already experienced with properties in NC and Las Vegas.

@Miki SheinaizenI recommend finding local meetups to attend. https://www.biggerpockets.com/forums/521I have found all of my best connections at local meetups.For your BRRRR strategy, partnering with a local property manager and connecting with contractors early on can help streamline your rehab process, especially if you’re not local.

Start working on your credit score and research financing options, including FHA or conventional loans.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

The issues, such as they were, have been fixed.My situation was a little different so I can’t really answer your question.