Hello,Has anyone invested with Memphis cashflow? 

I'm going to use this question to record a podcast episode that I will release next Thursday on my show, so if you want to hear more of my thoughts check out the show.

Maybe your situation is different and if you don’t feel comfortable in the neighborhood then this may be a moot point anyway.As for FHA, my understanding is that you must intend to live in the house for a year  it sounds like you did intend to, but due to unexpected circumstances- lead exposure and unexpected unsafe neighborhood- you have to move.

Remember this: the answer is ALWAYS no when you ask.Having said that, I've been able to get several seller finance deals.You need to have a motivated seller who doesn't need the money at sale.

Expanding to nearby areas with lower costs and strong rental demand can also make sense.

Likely I wouldn't have seen this if I haven't done multiple deals with this lender for myself and clients.

First with 50k profit?

My business partner and I mainly just work with investors here and we work with first time investors all the time.

I hope everyone is well, I came here because I need expert advice from you guys, let me tell you my situation: I have a investment property that i purchased 2 years ago and is valued at 65k that does not have any mortgage and that is already paid off, I want to use that property to buy another one for down payment , the question here is: What is the best way to do it. a heloc or a cashout refinance and why. your response will be appreciated :)

I have talked to a builder and a home of this size (without land purchase) can be put in place with as little as $250.000.