Then pay off all the credit cards and create an emergency fund for your personal life and an emergency fund for the rentals. 

Often comes with lower interest rates compared to HELOCs.Considering your preference for flexibility and continuous projects, a HELOC emerges as a prime choice, providing on-demand access to funds without the binding fixed monthly commitment associated with a HE Loan.

If it’s an emergency you need to be there asap, if it’s not an emergency then you don’t want to have to fly somewhere to handle it. 

I have roughly $100k in my emergency fund and would like to venture into foreclosures.

When doing research on areas that you are interested in, I would identify industries with positive growth trends, analyze market reports, industry publications, and economic forecasts, consider emerging markets and technologies. 

Do some research on areas that you are interested in, I would identify markets with positive growth trends, analyze market reports, industry publications, and economic forecasts, look at emerging markets and technologies.You will also need to develop a core 4. 

DIL when done right also requires a current appraisal, legal expenses, etc.I have what you might call an emergency, break glass type of arrangement.The original purchase agreement needs to identify exactly what constitutes a buyer default at which point upon notice of default being given the duly appointed attorney-in-fact for the purchaser conveys the property back to the seller.

Using that 100k for a 75k DP on a 300k property, 8k for closing costs, and having the 15-20k in reserves for emergency repairs is a good place to start.

This is an emerging trend, as many young people still exercise the dream of their parents and move south.Affordability will curb the growth in some markets on the west coast and in the south to smaller gains; it seems very possible that we will see a trend change in which markets will grow the fastest over the next decade. 

I agree someone with no cash should still not do a deal, because they can't handle any emergency expenses, or payments when renters don't pay.