If it's not selling, you need to lower the price.

First there is no reason to buy a Townhouse "all cash" instead put 40% down and reap the benefits of an extrenly low rate, No PMI and the option to escrow.

Seems like a lot of new posters to the site who have recommendations for sites here.

You need to find out exactly what you bid on.

Would love to have conversations with others who have had dealings with this court. 

Feel free to reach out if you have questions or feel we might be able to help.

I have decided to look into a heloc, I'm a bit newer into realest state investing, I have completed a couple of fix%flips this year, I currently use hard money for the purchase with 10% down and I cover 100% of the rehab, with that said even just doing a couple of homes at a time, I find myself around 200k out of pocket, I think it would be a bit easier on myself and wife if we utilized a heloc vs just cash, my primary should appraise around 1.1m and my mortgage is 640k, I'm looking at pulling about 250k for a heloc, I don't want to refi the home and cash out as I only want to pay interest on funds as I use them ( I know I won't always be using the heloc cash) Any advice or even knowledge for people in a similar situation, and anyone have a referral for a Heloc?

Purchase price: $76,000 Cash invested: $25,000 Bought a foreclosure to fix and rent.

Here’s my question: Should I use my w-2 income to pay down a lot of principal and re-try to obtain that HELOC?

I hit 2 years at this home and tried crunching some numbers to see how much I would need to sell my current home for to break even with escrow/interest/reno costs.