If the property is cash flowing, why not pull a HELOC on the property to fund your next purchase rather than sell it?

Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.

I have personal relationship with the owner of the project.

You need a pitch to win in a personal letter.

Personally, I am gearing up to buy as many as many SFH’s as I can over the next few months.Ft.

What's the name of the position or person who can tell me exactly a price range for what areas of the duplex/triplex need to be fixed and how much they cost?)

Every where we asked, it is not possible to convert from our personal name to an LLC (which own by us). 

BP,We (father and son venture) are looking to put together a fund for investors… family and friends to begin… this is not a pitch I promise.

So, when you say they not do report on your personal credit report I guess you are talking about non-recourse loans? 

Ana,Based on experience and this market me personally I would avoid a HELOC for a few reasons.