The goal of a HELOC is a quick line of credit to either refinance or sell and pay back the HELOC as soon as possible.PS - I would recommend taking a look into the Columbus Ohio market, there's tons of 1% rule deals still within the 120-180k price point with amazing appreciation potential.

Make your FIRST move and do that well, then make the next move and the next move.

Hi All,Just purchased my first property and moved from San Diego to Charleston.

Investment Criteria:• Budget: Looking for a turnkey or move-in-ready property between $30K–$100K in the Midwest or South (PA & GA are my current focus).• Down Payment: Planning to put down 15%–20% to keep my monthly payment low.• Cash Flow: My goal is to keep total expenses at $600/month or less (including mortgage, taxes, insurance, and property management).• Minimizing Debt: I want to avoid overleveraging and maximize cash flow from the start.• Property Management: Since I’m investing out of state, I’ll be hiring a property manager to handle day-to-day operations. 

That’s a great move—starting early with analyzing deals will put you in a strong position when you're ready to buy.Since you're open to other markets in the Southeast, I’d definitely recommend taking a look at Chattanooga.

Hello @Zeina Awad,As others in this thread have stated, where to invest depends on your financial goals.

Here are some Key Takeaways for You to Turn Your Multifamily Real Estate Dreams Into Reality:➡️Define personal goals.

Wishing you the best of luck on your move and house-hacking journey!

I put my location as New York since that is where I will be moving after college for work.

Unless new companies move into town and create replacement jobs, all that will remain are lower-paying service sector jobs.