I would only be using a small fraction of that available credit and could roll the balance over at the end of the term.

So I don't think there is much competition for this property as not many know about it or are comfortable bidding online.

It's possible you can use that at the negotiation table to reflect a lower purchase price-maybe (apt buildings are often a competitive seller's market).

Start wholesaling with a fraction of that money but it will take a lot of effort to learn, implement and "do" that business.

Welcome to the BP community @Jose Diaz Miami is a great but very competitive market for RE investing but a lot of money can be made if investing in the right areas.Good Luck!

Easier to find, maybe, with less competition for them.

@Bill Coleman you could compare the features in other rental/retail sale homes on the same street or neighborhood to get an idea of the competition...

Miami is the 2nd fastest growing metro in the country right now - (behind Dallas), so unfortunately, it just comes down to being a highly competitive environment out there right now - as I'm @Andy Collins can attest to.

I do plan on investing in Canada and possibly branch out to the US in the future as the market is more competitive and the ROI is higher (as far as I know).

I'm trying to get houses under contract to flip, but I'm having trouble because it's so competitive here.