I am not a lawyer, but have done many of those, I can give you the good news and information you need to know to stay out of trouble NO CHARGE.

One advantage to lending is that your money is secured by real estate – a hard asset, and the annual returns can be into the double digits.

News & World Report) We have a large network of investors and lenders.

Good news here is you have equity from the beginning and likely need very minimal repairs  If you want less cash out of your pocket or are trying to buy properties that need to be rehabbed, consider finding private money or using hard money. 

I also get a small soc sec check ($720).Yesterday, I got even more bad news.

Avoid acquiring properties without paying off the HELOC because the balance perpetually grows until the draw period ends, and you'll experience unpleasant payment shock.Consult your CPA for tax implications: HELOC interest likely wouldn't be deductible in your situation based on your stated usage, whereas interest on your financed primary residence should be deductible.The good news is that there's not really a right or wrong answer.

I believe in Detroit .I'm new in real state world and I believe that Detroit have a lot off potential for news investors is unbelievable how many people have a bad feeling about Detroit.

(https://pamplinmedia.com/pt/9-news/431988-340732-sources-rent-control-law-cools-investment-in-apartments-?

This is the June 2019 set of news clippings that I've collected and send to our investors - I hope you find it useful.Our little company doesn't usually look to make the local news, but we've broken ground on our two homes in Eagle and one large home in Nampa/Caldwell. 

I hold an accounting degree from USC Leventhal and have a background in media, specifically in television and radio news and current affairs.