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In theory 'investors get more for their money' with Oregon 1031X transactions. - Competition & Negotiability : If you're looking for more time to analyze deals and an open dialogue on dealmaking, Oregon has proven to be somewhat of a playground.

I am planning to get my first investment house; I don't want to use my savings, so I have an equity line of credit for 50K and got pre-approved for a loan up to 300 k? 

Can you save more or get it so you are at 20% down and therefore don't have to pay PMI?

Your equity is not a savings account from which you can withdraw for free. 

Five Unique Ways I’ve Seen People Make Money In Real Estate1.

If you think you can buy a property in Detroit, or Cleveland for that matter, that's going to make you more money in long term appreciation than a property in Miami would, you've got to be a drunken idiot.

It should save you more than enough to pay for any renovation.

Obviously aside from minor material cost savings the biggest reason is to save labor on all of the cutting in, which I feel would likely be moot with 3 sheens.

I believe we will continue to see this increase as more tech and energy jobs move into the area.There is a reason so much money is being pumped into the area.