I am very interested in investing in real estate in Memphis and am currently seeking professionals who can assist me in this endeavor.I am looking for experienced real estate agents, contractors, and appraisers who can help me identify and secure properties with great investment potential.

While the closing costs may be higher than a HELOC, the long-term interest savings might outweigh this initial expense depedning on the property value, LTV, credit, etc.Really depends on your strategy/perspective (short/long-term play, where rates are going, current fianncial position, etc).

Joshua,I am in nashville and currently have one property in rental arbitrage.

Any success stories as we are feeling less then optimistic currently.

Net cash flow is currently $50k/yr but pre tax.

The problem with this is that they tend to place INCOME as the main feature of any investment they’re currently considering, and their decision making process centers around how a particular investment will fit into their ULTIMATE portfolio, the one that is large enough to generate all that income which will replace their earnings, and still grow enough to offset inflation.In my opinion, what the investor in this situation should be doing is concentrating on WEALTH BUILDING, not passive income.  

So my current opinion is they aren't worth it.

I am currently renting but I like the idea of house hacking to start out.

We spent the last year remodeling the basement ourselves and currently have our first medium term renter (We fully furnished the unit to squeeze more rent out). 

I currently work for the US Coast Guard and will be moving to the Philadelphia area in June 2024 with my fiancee.