I have a little more $20,000 in liquid assets and I live in California, so I have decided to go out of state.

These specialized lenders are ususally asset based, meaning they will look at the project and your liquidity, not your income.

Originally posted by @Dave E.

Check out my personal favorite, Set For Life by @Scott Trench , or The Total Money Makeover by Dave Ramsey. 3.

@Franko Shenault   Skeleton Key Home Inspections is a favorite of my Kenosha clients.  

It allows you to track all your accounts in one place but in regards to your comment about fees my favorite part is their Retirement Fee Analyzer which looks at your accounts and projects how much you will lose over time due to fees.

Start educating yourself ASAP.My favorite book for the last 16 years is "Every Landlord's Legal Guide" by NOLO.

Hey Erina,I was in your shoes a couple years ago, except you have much more in liquid assets than I did at the time.

So, as the buyer you have a loss of the appraisal fee plus liquidated damages for the lost opportunity to buy the house (you have to go through the time and expense to find another).

If:-Current joint primary Mortage with spouse 300 k-Won’t qualify for conventional or investment loan because dti is too low (they ding you for entire primary mortgage plus taxes)- liquid assets 600+-current home equity 800k+Looking to buy second home for short term rentals / investment around 300-450kBesides HELOC what are best loan options and why?