Interest only HELOC is good if you do flipping or BRRRR when you can quickly sell or refinance to avoid HELOC rates spiking.We got HELOC with American Heritage credit union.

I would also add on that you should ask them what deals they have closed in the past and ask them for some details on those deals so that you can see what numbers they work with, their level of detail, and if their deals make sense to you, because as you will see in this industry there are a lot of people who think they can make a quick buck and have absolutely no idea about finding a reasonable ARV, repair estimates ballpark, and/or calculate closing/holding/financing fees that buyers will incur.Also, make sure that they actually have the original contract to the house if they're assigning it to you because some people try to wholesale other wholesalers' deals and it's a mess.

My personal income/expenses don't look great -- I'm currently asset-rich and income poor. 

Good Afternoon Investors,When quick screening potential BRRRR deals, many variables can be found online such as after repair value, market rent and property taxes. 

Big goals like investing in real state don't happen quickly, they hard work, persistence, and most importantly patience.

Here and now I expect to get a new tenant very quickly, and will not hold a unit empty for more than a week or so. 

We strive to make the process quick and beneficial. 

Thank you all for the quick replies.

And usually the first stop on the search is Sacramento, just a mere two hours away near the top of the state’s Central Valley.But besides the astronomical housing prices, there’s one other thing that Bay Area investors are looking to escape in looking for greener pastures… rent control.If you’ve been asleep at the wheel, you might have missed the news that the state of California will have a measure on November’s ballot to repeal the Costa Hawkins law passed in 1995 the prohibits local communities from enacting rent control policies.COSTA HAWKINS LAW QUICK OVERVIEWNo Rent Control on Single Family HomesNo Rent Control On Properties Built After February 1st, 1995Allows Landlords To Raise Rents With New Tenantshttp://www.kcra.com/article/ca-ballot-measure-aims-to-help-cities-like-sacramento-with-rent-control/21756945*** One tenant in the video says she’s living in an 813 sq ft dump off Fruitridge and paying $1,400/mo in rent.

We have two 1 year olds so being in a safe neighborhood is vital to convincing my wife that this is the best move to getting to financial freedom as quickly as possible.