Today we have 9% of all mortgages in forbearance. if a large percentage of these mortgages go bad we could see a similar meltdown in prices. there are still a lot.of variables that need to play out.

Hi Salena,John Reed is right that there are too many variable at this point and you should seek the advice of a REALTOR® and that it is all about the numbers.

@Kaybreh MathisSo... there's a lot of variables to consider.

We as investors can gauge for those variables.

To echo what several have a stated, there are multiple variables that go into whether or not a $50K home is a good deal.

In part that’s due to the unknown variables, such as how long it will take to find a reliable housekeeper and handyman.Beyond that, running a property remotely really isn’t that difficult as long as you can find a good housekeeper.

And HELOC's have variable rates.

If you want to learn how to consistently do a couple deals a month, then we should talk about your experience (whatever it is, it doesn't matter) goals and what you want to accomplish as related to wholesaling, investing, time you can commit, expectations and the variables in a JV deal, so you have no misconceptions or unrealistic expectations.  

Expected to be paid off via the refinance before any risk associated with the variable rate can occur.We typically have not used a HELOC because we typically do a modified BRRRR that has us performing the value add upon tenant turnover which could be years after the purchase.

Each of these variables will dramatically change the advice I give the individual asking me this question.