You need to be disciplined to pay part of the principal too.Many people use a HELOC to make fast "cash" offers on properties, then refinance the balance from the HELOC into a mortgage on the property.

After a bit research today realized as Frank mentioned that Atlanta some water developments and raised costs.

Times and rules constantly change in real estate and I only explained in my book what I did, not what is possible and legal today.

-bought for 180K-conservative value today 250K (potential net from sale - 50K)-conservative potential rent - 2000 / mo (potential net monthly cashflow - $800 /mo-currently a small pocket neighborhood with no through streets that feeds into a great elementary school and good middle-high school "Problems:"-our street, currently a dead end is about to become a through street that will become a major shortcut for another 300 or so house development to our West to get to the highway and the grocery store.

Today I ran across the property in the report below and after running it through the calc it actually looks pretty good.

But you’ve found NO motivation... so TODAY they might not be motivated, or next week or next month but your marketing and constant contact will insure you are who they turn to when motivation appears I’d suggest other avenues, try whatever is comfortable then also try whatever is uncomfortable.

Check your local planning and zoning to see what projects are already slated today and in the future.

Is this unique to my market or is this where we are with today's workforce?  

Condo can be warrantable status that fast.  

Fast forward to 9/2018, Travelers will drop policy because it’s a triplex.