I was resistant to a HELOC on this current purchase as well due to the variable rate\ but I ended up using it for this thought process: Lower rate, and I was actually able to lock in at 5.5% (pretty much prime rate) fixed for 10 yrs , amortized over 30yrs, Lower closing costs by far, less restrictions on what I purchase - when I started down the 30yr conventional route, my lender was very scrutinizing and rejected one unique property that would have fit my needs..I support the other suggestions, go local. ixed for 10 years amortized over 20 or 30 years

ME- 68 yr old woman who has been investing in  houses for 15 yrs.

When the new owner tries to transfer the warranty, they provide a new certificate and downgrade the warranty to 3 yrs when asked to provide the correct warranty they responded, "When they first issued the warranty to the previous owner they sent out the wrong Warranty for that project, I believe they sent the old owner a revised warranty when we noticed we sent the wrong warranty to them.

As far as return on investment in my career though,I had 5ish yrs of schooling, cost 100k in tuition, and 5 years of time.

This allowed me the right to leave after each 2 year period with no further obligation, while also knowing I had a guaranteed space for 6 yrs if I wanted it.

Hello and have had a self-managed real estate portfolio (35 SFR's, 1 110 unit self-storage facility) for the last 10-15 yrs but now looking to scale and expand (100+ in next 14 months and venture into cash flow streams of wholesaling and short-term arbitrage). 

I'm managing my two single family rentals myself and have for two yrs. 

The house is 106 yrs old in a nice old neighborhood, all houses there around that age.

I started building my REI knowledge about 3 yrs ago.

My first choice is to grab a multifamily and house hack it while my husband is at GITMO 2 yrs bill free!