I'm Katlyn Alegria from the Bay Area, CA, passionate about real estate investing for 10 years.

Not always true, however typically HELOCs will go to a max loan to value ratio of 85, sometimes 90%.

There are exceptions - some properties are set up such that installing a few electric baseboard heaters might be possible to save on the gas bill - but i would still just shy away if not metered separately at the outset.  10) do shop for a lender and compare (usually pretty standard but there can be some fluctuation) - dont fall for the ones that sound too good to be true - there are gimmicks out there - big bank or reputable broker should do you fine.  

Its sad, but true. 

The higher the risk the better the return...and at some point you have to watch out for "too good to be true."

Commercial PML will do the same, they'll have the credit and b.g. inquiry.You mean a true Private Individual with capital for lending? 

Just from the way you presented your intro, it's clear you are driven and passionate about real estate.

But 3) Try multifamily specific brokers, crexi and loopnet, although 2-4 units maybe scarce. 4) A home equity line of credit is a good source of funds however it will generally make your overall monthly payments higher, so unless a deal is very solidly cashflowing, a HELOC may put you into negative cashflow. 7) Typically electric/gas are paid by the tenant - however this isn't true across the board. 

Hello BP Community,I have been a BP lurker for many years and after falling out of love with retail real estate- I am oh so READY to get into investing (my first true love).

Not an app just data, but this is a great website to know what the bottom for rent is for section 8 often times, this isn't true all the time so you have to be aware (it is more true in more populated cities).