I am looking to start my real estate investing journey and my first thought is to utilize a HELOC on my primary residence, rent it out to start my cash flow and use my equity to purchase a new primary residence.

Initially, we thought a month-to-month lease was to our disadvantage (the landlord) because of the potential overhead of them leaving after only a short period of time and us having to re-fill the room.

Embracing a full-speed-ahead approach, I've drafted a rough business plan and developed a Progressive Web App (PWA) calculator, a tool to help me evaluate properties, determine appropriate rent, and calculate tax deductions – it's all about being prepared!

However, keep in mind, once they do you'll need to be prepared for the worst.

Jumping into real estate investment, especially at such a thoughtful and exciting time in your lives with a new baby, sounds like a great move, especially with the equity you have available through your HELOC.

However, if the thought of diving into tax forms and recalculations seems daunting (and it can be, given the complexities of tax laws and the potential for significant financial implications), reaching out to a CPA might be the smarter move.

I thought this was illegal since the Financial Crisis / Dodd Frank?

Are you mentally prepared to deal with difficult tenant situations.

I`m sure this has been asked a thousands times here but I thought it may be quicker to just ask it straight up.I`m looking for a lending institution that will do an investment loan under the name of my corporation, any thoughts?

Just curious to get the thoughts of some fellow REI folks to see your thoughts on this one?