Send emails, call brokers, check social media and see who the bigger players are.

I just bought a similar deal in Columbus 16 units total spread amongst 4 parcels next to each other. 

From your comments it seems you didn't even look at our website or social media and our contact records show we never talked to you. 

It depends on the property and your market, but I would start social media profiles for the property or your brand if you plan on expanding. 

only you know (or should know) what the numbers are.Obviously the “cash flow” would go towards paying back the HELOC, so we wouldn’t see any of that income for a couple of years. and if you're just paying down the interest on the HELOC and not the principal, then the HELOC will still be due in its entirety after the draw period ends. make sure you are looking at this accurately.We just always hear about people getting started buying their first property, and even on a lot of the webinars we watch they run the numbers, get a couple hundred dollar cash flow deals and call them good. yes - in a lot of cases this is because (1) the assumptions are unrealistic, (2) the buyer bought when interest rates are a lot lower, (3) the buyer is spreading repairs, management and other costs other an entire portfolio and not a single property, (4) the buyer is managing themselves and doing all of the repairs themselves, or (5) some combination. 

Again, I have a bias against "gurus", and the bigger the social media following, the more skeptical I am.  

With a diverse background that spans over 14 years in business ownership, sales, marketing, media, and business development, I'm eager to bring my skills and experience into the BiggerPockets community.Before diving into real estate, I spent 16 years in IT with the federal government, and I'm also a proud Air Force wartime veteran.

Also, good luck finding a 50k spread on your first flip.

At least spread the fee out over the tenancy, standing behind your placement choice.  

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