I only recommend using a HELOC for scenarios where you'd be able to pay it back within a year.Alternatively, you can just buy another investment property with lower down payment, which is a better interest rate than anything you'll get on a 2nd lien HELOC/HELOAN. 

When buying a note at a discount (e.g. $100k performing I/O note for $90k), how do you classify the extra principal you get back when the loan matures?

Buying into existing tenants can be very risky.

If you find a place where the numbers make sense, buy it.  

If you read what I said, I apologized if I assumed you weren't a HML and you were.My answer is still the same, there's nothing in the deal but problems for the buying from year 3 and beyond....and if you think I was lecturing you, you have a very thin skin. 

Sell house and buy a cheaper house all cash avoid the current high interest rate.

I am considering investing in Ohio, based on successful investments by friends but am open to other areas provided the fundamentals make sense.I look forward to connecting with fellow investors, real estate agents, and property managers to share insights and identify promising opportunities.Thanks,Julien Hello, I know many investors from Belgium that have and continue to buy in the Cleveland markets. 

Choose Your Real Estate StrategyRental Properties: Purchase properties to rent out for consistent monthly income.Fix and Flip: Buy distressed properties, renovate them, and sell at a profit.Wholesale: Contract properties and sell the rights to buy them to other investors.Real Estate Investment Trusts (REITs): Invest in publicly traded REITs for passive income without direct property ownership.5.

BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Still viable, but you have to BUY RIGHT in this market.