Hi friends,I’m looking to connect with experienced investors to discuss your current marketing processes.

We have a condo that we plan to keep as a rental and start building a portfolio.

If you decide the terms for a home equity loan are more favorable compared to the HELOC then it's just a matter of knowing exactly how much you need for closing on a specific property because you don't want to get stuck paying on debt that you aren't planning on using right away.

We have multiple rental properties and I do not plan to sell our primary.

There are currently 9,000 properties listed in Lee and Collier counties and 2,000 or 22% took prices drops in the last 7 day alone.Adam -- I'm in the process of building on the Cape and for the newly permitted builds, I've noticed pricing is coming down on key building materials - roof trusses, windows/doors, shell pricing, etc.  

I handled the planning departments.

My plan is to use FHA, 3.5% dp, seller covers closing costs. 

@Viral Patel, I'm sure the process will vary from state to state but generally when a tradesman files for a mechanics lien, I think they attach the property at that point probably with something like a lis pendens which is basically a notice that pending litigation could affect the title to the property.

If you are planning on living in the house, 5% down is the lowest you can go.I would also encourage you to start tracking how you spend your money and see if you can cut spending to save more money or find ways to increase your income.

Last year, I purchased land and am in the process of building three additional villas, which I plan to sell in about nine months.