I am trying to learn hands on skills so that I can buy properties that may need some TLC given how hot the market is here in Raleigh.

Investment Info:Single-family residence buy & hold investment.

In our opinion, many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

We would love as much advise as possible in all areas of buying a first home.

You need to calculate your return on equity to see if it’s time to leverage that equity more, you also want to calculate your blended interest rate of the original loan and the the HELOC to see if that’s the best rate or if a cash out refi would be better.If I were you I would look at doing the same move again and buy another primary residence and turn your current house into your second rental.

I am looking  to buy my first multifamily within the next 3-6 months and am looking to open a HELOC for the down payment.

First step is to have 5 years+ of experience in buying, managing and selling commercial properties.

buying below 1.2mil is good long term from hayward pleasanton santa clara sunnyvale cupertino area

For example, an individual buys a residential property as a 1031 replacement.

We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If we sell the properties our gross earnings will be about 300k, while our net earnings will be around 150k, due to capital gains, depreciation taxes and realtor fees.My lawyer, who is not experienced in real estate investing, says I have to buy her out based on gross earnings, so I'd owe her 150k.