For my day job I work as an Actuary and my primary experiences is in Risk Management, Asset-Liability Management, and Model development - which I hope to translate most of these skills into my real estate investment plan.I am interested in growing long-term wealth through acquiring a portfolio of cash-flowing rentals. 

@Cheree Hill I think it will have to be a JE because it is going to be hitting both the income statement (the fees) and the balance sheet (the asset and any liabilities that may be added).

If the car you own is not necessary, you could save even more to sell your vehicle and move to a more economical car as this is a depreciating asset. 

I'm trying to set a goal of obtaining my first deal by end of August.

I did some calling around to different counties to see if I could obtain the list prior to it being posted publically, and some counties said I could purchase it beforehand, and other counties said I could not. 

I would like a HELOC but I don't think i could obtain until the title is in my name. 

I currently have equity in my own home and wanted to obtain a HELOC from that home to purchase the multi-family.

Protect your asset. start the forecloser process.

Recently been toying with the idea of selling it and trying to obtain multi unit properties out of state. 

By renting out the other side, you'll have far less to pay towards the mortgage every month.This allows you to control a more expensive asset for less than it would otherwise.For example, buying a single family home for $350k with a 10% down payment and a 5% interest rate would give you a PITI of roughly $2,321/mo.