In either scenario you want to make sure you account for the "cost" of the money in your deal analysis so you account for your HELOC or mortgage payments.  

Can you buy a rental (either single family home or duplex) where the rent will cover all of the expenses? 

I've had a previous life as a loan officer and an inside account manager for a lender.

Maybe I am misunderstanding or wrong in some way, but I would definitely reach out to your accountant, or a good one in the area as they can get a full overview of your situation and recommend based off what is required in Missouri. 

The rich get richer, and the poor get poorer, and not a single worthwhile word of any authority was ever said in my home and or my school about how someone who is broke might stop being broke, and why that could be a worthwhile life goal.

@CJ T.Not an attorney or accountant here... 

Hi Jane, I am an out of state investor based in Northern Virginia and primarily buy Multi family and Single Family Homes in Cleveland.

I do single family gm 

I currently have around 200k in cash that is yielding 5 percent in my brokerage account.

Originally posted by Account Closed:@Copelon KirklinDo you loan in Indiana or Colorado?