@Ebony PentonIf your dti is too high then yes your best bet is to get friends and family or look to refi into a DSCR loan

A local real estate attorney well-versed in business law and deal structuring would be your best bet.

Physical location is not as important as one might think.

In markets with fairly big swings in appreciation (like California), Ive heard on a few podcasts that a good tactic to tell if the current price is a safe one is how it compares to the cost to build a new home that’s similar, and if it’s less than that it’s probably a safe bet (given of course that you’ve run all the numbers and it maths out, I know to never bank on appreciation, icing on the cake).

Who is going to pay the contractor if the new investor is not physically fixing up the house themselves?

You can, too.Or do you consider yourself to be too good, too ladylike, or top physically inept for this kind of work?

I bet his spirit is still haunting that place!

A great property in a bad market will likely be a bad investment over time.Operator - My analogy about “betting on the jockey” is likely getting old if you’ve been reading all my articles, but I believe the jockey is the most important factor to consider when choosing an investment.

I think a HELOC would be my best bet so I am asking what are the pros and cons, what bank should i do it with, etc.

Facebook is your best bet