I found out from googling what a HELOC was so I took one out to get more funds to up my purchase power and jumped into a 3 family.

I know it may vary by municipalities but do they tend to reappraise the property upon purchase? 

I only purchase good, like new furniture. 

I have a lot of clients that ask me for creative ways to purchase property.

I am interested in purchasing a rental property in the Houston, TX area.

I inherited this tenant from purchase and have used property management in the past however I would like to manage myself.

I do agree it's a good idea to purchase insurance and not go without.

Depreciation may be calculated different for assets purchased outside of the united states.2.

Hi Thomas, That is a common path that many investors take by utilizing a credit line or second mortgage to access capital to support down payment / closing requirements for the new purchase. 

We would greatly appreciate any advice on promising markets, recommendations for reliable agents and lenders, as well as insights on how to proceed as newcomers to the industry.